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Earnings (Loss) Per Share (Tables)
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Share, Basic and Diluted
Basic and diluted net income (loss) per common share are calculated as follows (in millions, except share and per share data):
 
 
Three Months Ended March 31,
 
 
2018
 
2017
Basic EPS:
 
 
 
 
Net income (loss)
 
$
(23.3
)
 
$
(8.3
)
Less dividends on preferred shares
 
(4.6
)
 
(4.3
)
Less income allocated to preferred shareholders
 
—

 
—

Net income (loss) available/(allocated) to common shareholders - basic
 
$
(27.9
)
 
$
(12.6
)
Diluted EPS:
 
 
 
 
Net income (loss)
 
(23.3
)
 
(8.3
)
Less dividends on preferred shares
 
(4.6
)
 
(4.3
)
Less income allocated to preferred shareholders
 
—

 
—

Net income (loss) available/(allocated) to common shareholders - diluted
 
$
(27.9
)
 
$
(12.6
)
Basic weighted-average common shares
 
105,831,571

 
101,364,424

Add: Effect of dilutive securities
 
—

 
—

Diluted weighted average common shares
 
105,831,571

 
101,364,424

Net income (loss) per common share (basic)
 
$
(0.26
)
 
$
(0.12
)
Net income (loss) per common share (diluted)
 
$
(0.26
)
 
$
(0.12
)