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Earnings per Share
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
 
The following table reflects the computation of net loss per share on a basic and diluted basis for the three and six months ended June 30, 2016 and 2015 (in thousands, except share data): 
 
For the Three Months Ended
June 30,
 
For the Six Months Ended
June 30,
 
2016
 
2015
 
2016
 
2015
Income (loss) (numerator):
 

 
 

 
 

 
 

Net (loss) income
$
(3,753
)
 
$
(8,398
)
 
$
1,275

 
$
(16,663
)
Noncontrolling interest
(761
)
 
3,730

 
3,075

 
7,686

Dividends on preferred shares
7,412

 
5,569

 
12,981

 
11,138

Net loss attributable to common shareholders
$
(10,404
)
 
$
(17,697
)
 
$
(14,781
)
 
$
(35,487
)
 
 
 
 
 
 
 
 
Weighted-average shares (denominator)
238,481,265

 
211,487,164

 
228,819,566

 
211,484,461

 
 
 
 
 
 
 
 
Net loss per share—basic and diluted
$
(0.04
)
 
$
(0.08
)
 
$
(0.06
)
 
$
(0.17
)

 
Total weighted-average shares for the three and six months ended June 30, 2016, excludes an aggregate of 95,712,110, and for the three and six months ended June 30, 2015, excludes an aggregate of 74,064,994, of shares or units in our operating partnership, Series A, B and C preferred shares, common shares issuable upon exercise of stock options, and restricted stock units because they were antidilutive.