Issuance of Common Stock

3 Months Ended

Mar. 31, 2017

Equity [Abstract]

Issuance of Common Stock

Issuance of Common Stock. On March 28, 2017, we closed a public offering of 5,175,000 shares of Common Stock and received proceeds of approximately $136.5 million, which is net of approximately $8.8 million in underwriting discounts and commissions and approximately $833,000 in other direct cost incurred and paid by us in connection with this equity offering. The net proceeds from the offering were used primarily to repay outstanding indebtedness under our Second Amended Credit Agreement (including our term loan and revolving credit loans).