Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

Earnings (Loss) Per Share

Basic net income or loss attributable to common stockholders is computed by dividing reported net income or loss attributable to common stockholders by the weighted-average number of common and contingently issuable shares outstanding during each period.

A reconciliation of our net loss per share is as follows (amounts in thousands, except share and per-share amounts):

	Three Months Ended   March 31,
	2014			2013
Net loss attributable to common stockholders	$	(7,669	)	$	(4,019	)
Weighted-average number of shares of common stock outstanding:
Basic and diluted	32,130,733			18,414,830
Net loss per share of common stock, basic and diluted	$	(0.24	)	$	(0.22	)

For all periods presented, no potentially dilutive securities were included in computing loss per share of common stock as their effect would be anti-dilutive. Potentially dilutive securities excluded were OP and vested LTIP units, unvested LTIP units, and unvested restricted stock. The weighted-average number of shares of potentially dilutive securities were as follows:

	Three Months Ended   March 31,
	2014	2013
OP and vested LTIP units	524,941	185,490
Unvested LTIP units	520,830	493,432
Unvested restricted stock	40,369	—
Potentially dilutive shares	1,086,140	678,922