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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except share and per share amounts): 
 
Three Months Ended March 31,
 
2017
 
2016
Numerator:
 
 
 
Net income
$
5,721

 
$
1,477

Less: Preferred stock dividends
(1,322
)
 
—

Less: Net income attributable to noncontrolling interests
(132
)
 
(52
)
Less: Net income attributable to participating securities
(91
)
 
(78
)
Net income attributable to common stockholders
$
4,176

 
$
1,347

 
 
 
 
Denominator:
 
 
 
Weighted average shares of common stock outstanding – basic
66,341,138

 
55,269,598

Effect of dilutive securities - performance units
285,101

 
147,349

Weighted average shares of common stock outstanding – diluted
66,626,239

 
55,416,947

 
 
 
 
Earnings per share — Basic
 
 
 

Net income attributable to common stockholders
$
0.06

 
$
0.02

Earnings per share — Diluted
 
 
 
Net income attributable to common stockholders
$
0.06

 
$
0.02