Income (Loss) Per Share

The following table reconciles the amounts used in calculating basic and diluted income (loss) per share (in thousands, except per share amounts):



	Three Months Ended March 31,
	2020			2019
Net income (loss) attributable to common stockholders - basic and diluted:
Net income (loss) attributable to the Company	$	(12,930	)	$	(981	)
Less: Dividends on preferred stock	(2,555		)	(2,532		)
Less: Dividends on common stock	—			(5,158		)
Less: Dividends on unvested performance stock units	—			(75		)
Less: Dividends on unvested restricted shares	—			(96		)
Undistributed net income (loss) allocated to common stockholders	(15,485		)	(8,842		)
Add back: Dividends on common stock	—			5,158
Distributed and undistributed net income (loss) - basic and diluted	$	(15,485	)	$	(3,684	)

Weighted average common shares outstanding:
Weighted average common shares outstanding – basic and diluted	32,474			32,115

Income (loss) per share - basic:
Net income (loss) allocated to common stockholders per share	$	(0.48	)	$	(0.11	)
Income (loss) per share - diluted:
Net income (loss) allocated to common stockholders per share	$	(0.48	)	$	(0.11	)

Due to their anti-dilutive effect, the computation of diluted income (loss) per share does not reflect the adjustments for the following items (in thousands):



	Three Months Ended March 31,
	2020			2019
Net income (loss) allocated to common stockholders is not adjusted for:
Income (loss) allocated to unvested restricted shares	$	—		$	96
Income (loss) allocated to unvested performance stock units	—			75
Income (loss) attributable to redeemable noncontrolling interests in operating partnership	(1,885		)	(440		)
Dividends on preferred stock - Series B	1,730			1,707
Total	$	(155	)	$	1,438
Weighted average diluted shares are not adjusted for:
Effect of unvested restricted shares	76			87
Effect of unvested performance stock units	—			288
Effect of assumed conversion of operating partnership units	4,112			4,342
Effect of assumed conversion of preferred stock - Series B	6,728			6,569
Effect of advisory services incentive fee shares	361			73
Total	11,277			11,359