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Net Loss Per Share
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Net Loss Per Share
Net Loss Per Share
The following is a summary of the basic and diluted net income (loss) per share computations for the periods presented:  
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In thousands, except share and per share data)
 
2014
 
2013
 
2014
 
2013
Basic net income (loss) attributable to stockholders
 
$
(67,237
)
 
$
2,019

 
$
(75,393
)
 
$
(775
)
Adjustments to net income (loss) attributable to stockholders for common share equivalents
 

 
(223
)
 

 

Net income (loss) attributable to stockholders
 
$
(67,237
)
 
$
1,796

 
$
(75,393
)
 
$
(775
)
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
168,972,601

 
41,982,278

 
172,003,465

 
32,651,655

Basic net income (loss) per share attributable to stockholders
 
$
(0.40
)
 
$
0.05

 
$
(0.44
)
 
$
(0.02
)
Diluted weighted average shares outstanding
 
168,972,601

 
42,001,432

 
172,003,465

 
32,651,655

Diluted net income (loss) per share attributable to stockholders
 
$
(0.40
)
 
$
0.04

 
$
(0.44
)
 
$
(0.02
)


Diluted net income (loss) per share assumes the conversion of all common share equivalents into an equivalent number of common shares, unless the effect is antidilutive.  The Company considers unvested restricted stock, OP units and Class B units to be common share equivalents. The Company had the following common share equivalents as of June 30, 2014 and 2013, which were excluded from the calculation of diluted loss per share attributable to stockholders as the effect would have been antidilutive:
 
 
Six Months Ended June 30,
 
 
2014
 
2013
Unvested restricted stock
 
214,019

 
25,800

OP units
 
1,272,200

 
200

Class B units
 

 
208,187

Total anti-dilutive common share equivalents
 
1,486,219

 
234,187