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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of potentially dilutive securities not included in calculating diluted earnings per share
The following is a summary of the elements used in calculating basic and diluted earnings per unit: 
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2020
 
2019
 
2020
 
2019
Numerator – basic and diluted earnings per unit:
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(15,422
)
 
$
10,210

 
$
66,639

 
$
41,578

Net loss (income) attributable to noncontrolling interests – partially owned properties
 
2,046

 
230

 
1,130

 
(1,338
)
Series A preferred unit distributions
 
(14
)
 
(9
)
 
(28
)
 
(40
)
Amount allocated to participating securities
 
(519
)
 
(458
)
 
(1,181
)
 
(1,031
)
Net (loss) income attributable to common unitholders
 
$
(13,909
)
 
$
9,973

 
$
66,560

 
$
39,169

 
 
 
 
 
 
 
 
 
Denominator:
 
 

 
 

 
 

 
 

Basic weighted average common units outstanding
 
138,082,035

 
137,863,484

 
138,013,840

 
137,780,364

Unvested restricted stock awards (Note 9)
 
—

 
974,692

 
1,106,741

 
1,012,558

Diluted weighted average common units outstanding
 
138,082,035

 
138,838,176

 
139,120,581

 
138,792,922

Earnings per unit:
 
 
 
 
 
 
 
 
Net (loss) income attributable to common unitholders - basic and diluted
 
$
(0.10
)
 
$
0.07

 
$
0.48

 
$
0.28


The following potentially dilutive securities were outstanding for the three and six months ended June 30, 2020 and 2019, but were not included in the computation of diluted earnings per share because the effects of their inclusion would be anti-dilutive. 
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2020
 
2019
 
2020
 
2019
Common OP Units (Note 8)
 
468,475

 
594,788

 
468,475

 
594,788

Preferred OP Units (Note 8)
 
35,242

 
35,242

 
35,242

 
49,722

Unvested restricted stock awards (Note 9)
 
1,103,137

 
—

 
—

 
—

Total potentially dilutive securities
 
1,606,854

 
630,030

 
503,717

 
644,510
Schedule of summary of elements used in calculating basic and diluted earnings per share
The following is a summary of the elements used in calculating basic and diluted earnings per share:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2020
 
2019
 
2020
 
2019
Numerator – basic and diluted earnings per share:
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(15,422
)
 
$
10,210

 
$
66,639

 
$
41,578

Net loss (income) attributable to noncontrolling interests
 
2,078

 
176

 
872

 
(1,552
)
Net (loss) income attributable to ACC, Inc. and Subsidiaries common stockholders
 
(13,344
)
 
10,386

 
67,511

 
40,026

Amount allocated to participating securities
 
(519
)
 
(458
)
 
(1,181
)
 
(1,031
)
Net (loss) income attributable to ACC, Inc. and Subsidiaries common stockholders
 
$
(13,863
)
 
$
9,928

 
$
66,330

 
$
38,995

 
 
 
 
 
 
 
 
 
Denominator:
 
 

 
 

 
 

 
 

Basic weighted average common shares outstanding
 
137,613,560

 
137,268,696

 
137,545,365

 
137,185,576

Unvested restricted stock awards (Note 9)
 
—

 
974,692

 
1,106,741

 
1,012,558

Diluted weighted average common shares outstanding
 
137,613,560

 
138,243,388

 
138,652,106

 
138,198,134

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Net (loss) income attributable to common stockholders - basic and diluted
 
$
(0.10
)
 
$
0.07

 
$
0.48

 
$
0.28