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Net Loss Per Share
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Net Loss Per Share
Net Loss Per Share
The following is a summary of the basic and diluted net loss per share computations for the periods presented:  
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2015
 
2014
 
2015
 
2014
Net loss attributable to stockholders (In thousands)
 
$
(8,659
)
 
$
(67,237
)
 
$
(16,858
)
 
$
(75,393
)
Weighted average shares outstanding, basic and diluted
 
162,156,470

 
168,972,601

 
162,124,624

 
172,003,465

Net loss per share attributable to stockholders, basic and diluted
 
$
(0.05
)
 
$
(0.40
)
 
$
(0.10
)
 
$
(0.44
)

Diluted net 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 LTIP units to be common share equivalents. The Company had the following common share equivalents for the periods presented, 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,
 
 
2015
 
2014
Unvested restricted stock
 
353,440

 
214,019

OP units
 
4,178,090

 
1,272,200

LTIP units
 
8,880,579

 
8,880,579

Total anti-dilutive common share equivalents
 
13,412,109

 
10,366,798