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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Summary of distribution of taxable income
The following reconciles dividends paid and dividends applied in 2017, 2016, and 2015 to meet REIT distribution requirements (in thousands):
 
2017
 
2016
 
2015
Common and preferred dividends
$
99,139

 
$
1,077,179

 
69,162

Dividends treated as taxable compensation
(130
)
 
(92
)
 
(94
)
Portion of dividends declared in current year, and paid in current year, which was applied to the prior year distribution requirements
—

 
—

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

 
—

 
—

Dividends in excess of current year REIT distribution requirements
—

 
(827,005
)
 
—

Dividends applied to meet current year REIT distribution requirements
$
99,009

 
$
250,082

 
68,337
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, 2017, 2016, and 2015:
 
Total 
Distributions
Per Share
 
Ordinary
Dividends
 
Long-Term
Capital Gain
 
Unrecaptured
Section 1250
Gain (1)
 
Nondividend Distributions
 
AMT Adjustment (2)
Common:
 
 
 
 
 
 
 
 
 
 
 
2017
$
0.240000

 
$
0.093312

 
$
0.146688

 
$
0.070522

 
$
—

 
$
0.017756

2016
$
2.853075

 
$
0.079661

 
$
0.582778

 
$
0.100934

 
$
2.190636

 
$
—

2015
$
0.320000

 
$
0.161738

 
$
0.158262

 
$
0.097271

 
$
—

 
$
—

 
(1)
Represents a portion of the dividend allocated to long-term capital gain.
(2)
The Company has apportioned certain 2017 alternative minimum tax adjustments to its shareholders. Individual taxpayers should refer to Internal Revenue Service Form 6251, Alternative Minimum Tax - Individuals. Corporate taxpayers should refer to Internal Revenue Service Form 4626, Alternative Minimum Tax - Corporations.