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Earnings per share
12 Months Ended
Dec. 31, 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 years ended December 31, 2016, 2015 and 2014 (in thousands, except share and per share data):
 
For the Years Ended December 31,
 
2016
 
2015
 
2014
Numerator:
 

 
 

 
 

Net income (loss)
$
10,446

 
$
(47,948
)
 
$
(33,092
)
Noncontrolling interest
3,751

 
14,353

 
14,965

Dividends on preferred shares
40,237

 
22,276

 
18,928

Net loss attributable to common shareholders
$
(33,542
)
 
$
(84,577
)
 
$
(66,985
)
 
 
 
 
 
 
Denominator:
 
 
 
 
 
Weighted-average shares (1)
234,010,168

 
210,600,111

 
196,348,757

 
 
 
 
 
 
Net loss per share—basic and diluted
$
(0.14
)
 
$
(0.40
)
 
$
(0.34
)

    
(1)
Total weighted-average shares for the years ended December 31, 2016, 2015 and 2014, excludes an aggregate of 88,269,789, 73,912,694 and 73,586,644, respectively, shares or units in our operating partnership, participating preferred shares, common shares issuable upon exercise of stock options, restricted stock units and common shares issuable upon conversion of our exchangeable senior notes from dilutive securities because they were antidilutive due to the net loss attributable to common shareholders in those periods.