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Equity and Earnings per Share (Tables)
 3 Months Ended
Mar. 31, 2017
Equity and Earnings per Share [Abstract]  
Information about Company's 2013 Plan
The following tables present certain information about the 2013 Plan as of the dates indicated:
 
Equity Incentive Plan Information

              
Number of Securities
Remaining Available For
    
  
LTIP-OP Units
  
Shares of Common Stock
  
Future Issuance Under
  
Issuance
 
  
Issued
  
Forefitted
  
Issued
  
Forefitted
  
Equity Compensation Plans
  
Price
 
March 31, 2016
  
(103,850
)
  
-
   
(19,038
)
  
-
   
1,377,112
    
Number of securities issued or to be issued upon exercise
  
(36,500
)
  
916
   
(9,465
)
  
-
   
(45,049
)
 
$
15.80
 
June 30, 2016
  
(140,350
)
  
916
   
(28,503
)
  
-
   
1,332,063
     
Number of securities issued or to be issued upon exercise
  
-
   
-
   
-
   
3,155
   
3,155
     
September 30, 2016
  
(140,350
)
  
916
   
(28,503
)
  
3,155
   
1,335,218
     
Number of securities issued or to be issued upon exercise
  
-
   
-
   
-
   
-
   
-
     
December 31, 2016
  
(140,350
)
  
916
   
(28,503
)
  
3,155
   
1,335,218
     
Number of securities issued or to be issued upon exercise
  
-
   
-
   
-
   
-
   
-
     
March 31, 2017
  
(140,350
)
  
916
   
(28,503
)
  
3,155
   
1,335,218
     
Information Regarding the LTIP-OP Units
The table below sets forth certain information regarding the LTIP-OP Units that have been granted by the board of directors (dollars in thousands, except per share data):

LTIP-OP Unit Grant Information

Grant Date
 
Number of Grantees
  
Stock Price on Grant Date
  
Number of Units Granted
  
Aggregate Fair Market Value
 
June 15, 2016
  
14
  
$
15.85
   
36,500
  
$
579
 
September 9, 2015
  
12
  
$
15.80
   
35,000
  
$
553
 
June 10, 2014
  
10
  
$
19.33
   
31,350
  
$
606
 
Schedule of Basic Earnings per Share of Common Stock
The following table presents basic earnings per share of common stock for the periods indicated (dollars in thousands, except per share data):
 
Earnings per Share Information

  
Three Months Ended March 31,
 
  
2017
  
2016
 
Numerator:
      
Net income attributable to common stockholders and participating securities
 
$
22,587
  
$
(7,162
)
Net income allocable to common stockholders
 
$
22,178
  
$
(7,063
)
Denominator:
        
Weighted average common shares outstanding
  
7,634,038
   
7,509,543
 
Weighted average diluted shares outstanding
  
7,640,348
   
7,519,038
 
Basic and Dilutive:
        
Basic earnings per share
 
$
2.91
  
$
(0.94
)
Diluted earnings per share
 
$
2.90
  
$
(0.94
)