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Equity and Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2019
Equity and Earnings per Common Share [Abstract]  
Information about Company's 2013 Plan
The following table sets forth, as of the dates indicated, the number of LTIP-OP Units and shares of the Company’s common stock and the values thereof (based on the closing prices on the respective dates of grant) granted under the 2013 Plan. Except as otherwise indicated, all shares are fully vested.

Equity Incentive Plan Information

  
LTIP-OP Units
  
Shares of Common Stock
  
  
 
  
Issued
  
Forfeited
  
Converted
  
Issued
  
Forfeited
  
Number of Securities
Remaining Available For
Future Issuance
Under Equity
Compensation Plans
  
Issuance
Price
 
December 31, 2017
  
(178,500
)
  
916
   
12,917
   
(49,619
)
  
3,155
   
1,288,869
    
Number of securities issued or to be issued upon exercise
  
-
   
-
   
-
   
-
   
-
   
-
    
March 31, 2018
  
(178,500
)
  
916
   
12,917
   
(49,619
)
  
3,155
   
1,288,869
    
Number of securities issued or to be issued upon exercise
  
(45,400
)
  
-
   
-
   
(8,256
)
  
-
   
(53,656
)
 
$
18.17
 
June 30, 2018
  
(223,900
)
  
916
   
12,917
   
(57,875
)
  
3,155
   
1,235,213
     
Number of securities issued or to be issued upon exercise
  
-
   
-
   
-
   
-
   
-
   
-
     
September 30, 2018
  
(223,900
)
  
916
   
12,917
   
(57,875
)
  
3,155
   
1,235,213
     
                             
December 31, 2018
  
(223,900
)
  
916
   
12,917
   
(57,875
)
  
3,155
   
1,235,213
     
Number of securities issued or to be issued upon exercise
  
(66,375
)
  
-
       
-
   
-
   
(66,375
)
 
$
17.64
 
Number of securities issued or to be issued upon exercise
      
-
   
6,000
   
(6,000
)
  
-
   
-
  
$
17.23
 
March 31, 2019
  
(290,275
)
  
916
   
18,917
   
(63,875
)
  
3,155
   
1,168,838
     
Number of securities issued or to be issued upon exercise
  
-
   
-
   
-
   
(12,789
)
  
-
   
(12,789
)
 
$
16.42
 
June 30, 2019
  
(290,275
)
  
916
   
18,917
   
(76,664
)
  
3,155
   
1,156,049
     
Number of securities issued or to be issued upon exercise
  
-
   
-
   
-
   
-
   
-
   
-
     
September 30, 2019
  
(290,275
)
  
916
   
18,917
   
(76,664
)
  
3,155
   
1,156,049
     

Basic Earnings per Share of Common Stock
The following table presents basic and diluted earnings per share of common stock for the periods indicated (dollars in thousands, except per share data):

Earnings per Common Share Information

  
Three Months Ended September 30,
  
Nine Months Ended September 30,
 
  
2019
  
2018
  
2019
  
2018
 
Numerator:
            
Net income (loss)
 
$
(2,951
)
 
$
27,499
  
$
(51,247
)
 
$
76,583
 
Net (income) loss allocated to noncontrolling interests in Operating Partnership
  
43
   
(364
)
  
830
   
(993
)
Dividends on preferred stock
  
2,459
   
1,372
   
6,893
   
3,902
 
Net income (loss) applicable to common stockholders
 
$
(5,367
)
 
$
25,763
  
$
(57,310
)
 
$
71,688
 
Denominator:
                
Weighted average common shares outstanding
  
16,883,816
   
15,864,774
   
16,767,562
   
14,065,000
 
Weighted average diluted shares outstanding
  
16,896,605
   
15,873,030
   
16,780,351
   
14,073,256
 
Basic and Diluted EPS:
                
Basic
 
$
(0.32
)
 
$
1.62
  
$
(3.42
)
 
$
5.10
 
Diluted
 
$
(0.32
)
 
$
1.62
  
$
(3.42
)
 
$
5.09