XML 62 R43.htm IDEA: XBRL DOCUMENT v3.3.1.900
Loss per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income (Loss) Per Share
The following table reflects a reconciliation of the shares used in the basic and diluted net loss per share computation:
IN MILLIONS, except per share amounts
 
Year Ended
 
Year Ended
 
Period Ended
For December 31,
 
2015
 
2014
 
2013
 
 
Basic
 
Diluted
 
Basic
 
Diluted
 
Basic
 
Diluted
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
Net loss attributed to common shareholders
 
$
(15.4
)
 
$
(15.4
)
 
$
(7.8
)
 
$
(7.8
)
 
$
(5.3
)
 
$
(5.3
)
Less: Restricted stock dividends
 
(1.0
)
 
(1.0
)
 
(0.8
)
 
(0.8
)
 
(0.6
)
 
(0.6
)
Net loss available to shareholders
 
$
(16.4
)
 
$
(16.4
)
 
$
(8.6
)
 
$
(8.6
)
 
$
(5.9
)
 
$
(5.9
)
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common outstanding-basic
 
54.3

 
54.3

 
29.2

 
29.2

 
20.9

 
20.9

Performance-based restricted stock(1)(2)(3)
 
 
 

 
 
 

 
 
 

Convertible securities(1)(2)(3)
 
 
 

 
 
 

 
 
 

Weighted average shares outstanding-diluted
 
 
 
54.3

 
 
 
29.2

 
 
 
20.9

EPS:
 
 
 
 
 
 
 
 
 
 
 
 
Net loss per share-basic
 
$
(0.30
)
 
 
 
$
(0.30
)
 
 
 
$
(0.28
)
 
 
Effect of dilutive shares
 
 
 

 
 
 

 
 
 

Net loss per share-diluted
 
 
 
$
(0.30
)
 
 
 
$
(0.30
)
 
 
 
$
(0.28
)

(1) We have excluded 1.9 million weighted average shares of restricted stock, and 13.1 million of weighted average operating partnership units which are securities convertible into common stock from our diluted earnings per share as of December 31, 2015. These amounts were deemed anti-dilutive.
(2) We have excluded 0.8 million weighted average shares of restricted stock, and 34.3 million of weighted average operating partnership units which are securities convertible into common stock from our diluted earnings per share as of December 31, 2014. These amounts were deemed anti-dilutive.
(3) We have excluded 0.2 million weighted average shares of restricted stock, and 42.6 million of weighted average operating partnership units which are securities convertible into common stock from our diluted earnings per share as of December 31, 2013. These amounts were deemed anti-dilutive.