EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Mar. 31, 2015

EARNINGS (LOSS) PER SHARE

Summary of the components used to calculate basic and diluted earnings per share

Below is a summary of the components used to calculate basic and diluted earnings per share (in thousands, except per share):

	For the Three Months Ended March 31,
	2015		2014
Numerator:
Income from continuing operations	$	10,591	$	2,947
Less: Preferred dividends	4,147		4,147
Allocation to participating securities	21		15
Attributable to noncontrolling interest	57		(138		)
Income (loss) from continuing operations attributable to common stockholders, net of amount allocated to participating securities	6,366		(1,077		)
Income from discontinued operations attributable to common stockholders, net of amount allocated to participating securities	—		373
Net income (loss) attributable to common stockholders, net of amount allocated to participating securities	$	6,366	$	(704	)
Denominator:
Weighted average common shares outstanding - basic	85,704		85,097
Dilutive effect of equity-based compensation awards	1,171		—
Weighted average common shares outstanding - diluted	86,875		85,097
Earnings per share:
Basic and diluted net income (loss) from continuing operations	$	0.07	$	(0.01	)
Basic and diluted net income (loss) from discontinued operations	—		—
Basic and diluted net income (loss)	$	0.07	$	(0.01	)