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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 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 June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Net income
$
19,855

 
$
12,792

 
$
25,576

 
$
14,269

Less: Preferred stock dividends
(1,322
)
 
—

 
(2,644
)
 
—

Less: Net income attributable to noncontrolling interests
(531
)
 
(418
)
 
(663
)
 
(470
)
Less: Net income attributable to participating securities
(156
)
 
(75
)
 
(247
)
 
(153
)
Net income attributable to common stockholders
$
17,846

 
$
12,299

 
$
22,022

 
$
13,646

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding – basic
67,920,773

 
64,063,337

 
67,135,319

 
59,666,468

Effect of dilutive securities - performance units
410,461

 
241,376

 
347,781

 
194,363

Weighted average shares of common stock outstanding – diluted
68,331,234

 
64,304,713

 
67,483,100

 
59,860,831

 
 
 
 
 
 
 
 
Earnings per share — Basic
 
 
 

 
 
 
 

Net income attributable to common stockholders
$
0.26

 
$
0.19

 
$
0.33

 
$
0.23

Earnings per share — Diluted
 
 
 
 
 
 
 
Net income attributable to common stockholders
$
0.26

 
$
0.19

 
$
0.33

 
$
0.23