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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Summary of distribution of taxable income
The following reconciles dividends paid and dividends applied in 2016, 2015, and 2014 to meet REIT distribution requirements (in thousands):
 
2016
 
2015
 
2014
Common and preferred dividends paid
$
1,077,179

 
$
69,162

 
63,364

Dividends treated as taxable compensation
(92
)
 
(94
)
 
(110
)
Portion of dividends declared in current year, and paid in current year, which was applied to the prior year distribution requirements
—

 
(731
)
 
(2,182
)
Portion of dividends declared in subsequent year, and paid in subsequent year, which apply to current year distribution requirements
—

 
—

 
731

Dividends in excess of current year REIT distribution requirements
(827,005
)
 
—

 
—

Dividends applied to meet current year REIT distribution requirements
$
250,082

 
$
68,337

 
61,803
Summary of components of the taxability of the Company's dividends
The following summarizes the components of the taxability of the Company’s distributions for the years ended December 31, 2016, 2015, and 2014:
 
Total 
Distributions
Per Share
 
Ordinary
Dividends
 
Long-Term
Capital Gain
 
Unrecaptured
Section 1250
Gain (A)
 
Nondividend Distributions
 
Cash Liquidation Distributions
Common:
 
 
 
 
 
 
 
 
 
 
 
2016
$
2.853075

 
$
0.079661

 
$
0.582778

 
$
0.100934

 
$
2.190636

 
$
—

2015
$
0.320000

 
$
0.161738

 
$
0.158262

 
$
0.097271

 
$
—

 
$
—

2014
$
0.300000

 
$
0.281564

 
$
0.018436

 
$
0.018436

 
$
—

 
$
—

Series B Preferred:
 
 
 
 
 
 
 
 
 
 
 
2014
$
25.776040

 
$
0.467750

 
$
0.001000

 
$
0.001000

 
$
—

 
$
25.307290

 
(A)
Represents a portion of the dividend allocated to long-term capital gain.