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Net Income (Loss) per Common Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares
The following table presents a reconciliation of net loss and the shares used in calculating weighted average basic and diluted earnings per common share for the years ended December 31, 2016, December 31, 2015 and December 31, 2014.
 
For the Years Ended
 
December 31, 2016
 
December 31, 2015
 
December 31, 2014
Net Loss
$
(45,517
)
 
$
(31,205
)
 
$
(179,048
)
Less: Preferred dividends
(15,622
)
 
(15,622
)
 
(15,620
)
Net loss related to common stockholders
$
(61,139
)
 
$
(46,827
)
 
$
(194,668
)
 
 
 
 
 
 
Weighted average common shares outstanding – basic
36,698

 
42,780

 
44,654

Add: Effect of dilutive non-vested awards, assumed vested

 

 

Weighted average common shares outstanding – diluted
36,698

 
42,780

 
44,654