Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2018

Accounting Policies [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

The cumulative effect adjustments resulting from the adoption of ASU 2014-09 as of January 1, 2018 were as follows:

	Balance at December 31, 2017			Adjustment due to ASU 2014-09 Adoption			Balance at January 1, 2018
Assets
Deferred commission expense	$	31,443		$	8,200		$	39,643
Liabilities
Deferred revenue-upfront payment from right-to-use contracts	$	85,596		$	23,386		$	108,982
Equity
Distribution in excess of accumulated earnings	$	(211,980	)	$	(15,186	)	$	(227,166	)

The impact of ASU 2014-09 on the Company’s Consolidated Statements of Income and Comprehensive Income for the three months ended March 31, 2018 was as follows:

	As Reported			Balances Without Adoption of ASU 2014-09 (a)			Effect of Change Higher/(Lower)
Revenues
Right-to-use contract upfront payments, deferred, net	$	(1,285	)	$	(551	)	$	734
Total revenues	$	246,025		$	246,759		$	734
Expenses
Right-to-use contract commissions, deferred, net	$	(24	)	$	207		$	231
Total expenses	$	183,043		$	183,274		$	231
	62,982			63,485			503
Consolidated net income	$	64,177		$	64,680		$	503
Net income available for Common Stockholders	$	60,222		$	60,694		$	472
Earnings per Common Share - Basic	$	0.68		$	0.69		$	0.01
Earnings per Common Share - Fully Diluted	$	0.68		$	0.68		$	—

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(a) Represents the amounts that would have been reported under GAAP that existed prior to the January 1, 2018 adoption of ASU 2014-09.