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Earnings Per Share
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS PER SHARE

The following table is a reconciliation of the income or loss (numerator) and the weighted average shares (denominator) used in the calculation of basic and diluted earnings per common share. The computation of basic and diluted earnings per share is presented below.
 
 

 
Three Months Ended June 30,
 
Six Months Ended June 30,

 
2019
 
2018
 
2019
 
2018
NUMERATOR:
 
 
 
 
 
 
 
 
Basic and Diluted*
 
 
 
 
 
 
 
 
Net Income (Loss)
 
$
5,559

 
$
11,837

 
$
(2,323
)
 
$
2,689

(Income) Loss allocated to Noncontrolling Interests
 
41

 
700

 
1,264

 
1,804

Distributions to Preferred Shareholders
 
(6,043
)
 
(6,043
)
 
(12,087
)
 
(12,087
)
Dividends Paid on Unvested Restricted Shares and LTIP Units
 
(271
)
 
(189
)
 
(553
)
 
(392
)
Net (Loss) Income applicable to Common Shareholders
 
$
(714
)
 
$
6,305

 
$
(13,699
)
 
$
(7,986
)

 
 
 
 
 
 
 
 
DENOMINATOR:
 
 
 
 
 
 
 
 
Weighted average number of common shares - basic
 
39,127,385

 
39,246,946

 
39,121,421

 
39,440,481

Effect of dilutive securities:
 
 

 
 

 
 

 
 

Restricted Stock Awards and LTIP Units (unvested)
 
—

 
407,471

 
—

 
—

Contingently Issued Shares and Units
 
—

 
271,682

 
—

 
—

Weighted average number of common shares - diluted
 
39,127,385

 
39,926,099

 
39,121,421

 
39,440,481

 
*
Income (loss) allocated to noncontrolling interest in HHLP has been excluded from the numerator and Common Units and Vested LTIP Units have been omitted from the denominator for the purpose of computing diluted earnings per share since including these amounts in the numerator and denominator would have no impact. In addition, potentially dilutive common shares, if any, have been excluded from the denominator if they are anti-dilutive to income (loss) applicable to common shareholders.