Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share, Basic and Diluted [Abstract]

Schedule of Calculation of Numerator and Denominator in Net Income Per Common Share [Table Text Block]

The following table presents the calculation of the numerator and denominator for both basic and diluted net (loss) income per common share for the periods indicated:

	For the Three Months Ended
	June 30, 2014						June 30, 2013
	Net  Income			Weighted-Average Common Shares			Net  Income			Weighted- Average Common Shares
Net (loss) income	$	(5,999	)				$	31,534
Preferred stock dividends	(2,294		)				(2,092		)
Net (loss) income to common shareholders	(8,293		)	54,711,108			29,442			54,973,561
Effect of dilutive instruments (1)	—			—			—			—
Diluted net (loss) income to common shareholders	$	(8,293	)	54,711,108			$	29,442		54,973,561
Net (loss) income per common share:
Basic and diluted				$	(0.15	)				$	0.54

	For the Six Months Ended
	June 30, 2014						June 30, 2013
	Net  Income			Weighted-Average Common Shares			Net  Income			Weighted- Average Common Shares
Net (loss) income	$	(6,733	)				$	51,136
Preferred stock dividends	(4,588		)				(3,313		)
Net (loss) income to common shareholders	(11,321		)	54,668,591			47,823			54,638,651
Effect of dilutive instruments (1)	—			—			—			—
Diluted net (loss) income to common shareholders	$	(11,321	)	54,668,591			$	47,823		54,638,651
Net (loss) income per common share:
Basic and diluted				$	(0.21	)				$	0.88

(1) The Company did not have any anti-dilutive securities outstanding during the three and six months ended June 30, 2014 or June 30, 2013.