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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Schedule of amounts used in computing basic and diluted earnings per share
The following table shows the amounts used in computing the Trust’s basic and diluted earnings per share (in thousands, except share and per share data):
 
 
Three Months Ended
March 31,
 
 
2016
 
2015
Numerator for earnings per share - basic:
 
 

 
 

Net income (loss)
 
$
5,424

 
$
(448
)
Net (income) loss attributable to noncontrolling interests:
 
 
 
 
Operating Partnership
 
(173
)
 
24

Partially owned properties
 
(317
)
 
(32
)
Preferred distributions
 
(548
)
 
(66
)
Numerator for earnings per share - basic

$
4,386

 
$
(522
)
Numerator for earnings per share - diluted:
 
 
 
 
Numerator for earnings per share - basic
 
$
4,386

 
$
(522
)
Operating Partnership net income
 
173

 
—

Numerator for earnings per share - diluted

$
4,559

 
$
(522
)
Denominator for earnings per share - basic and diluted:
 
 
 
 
Weighted average number of shares outstanding - basic
 
102,704,008

 
65,649,478

Effect of dilutive securities:
 
 
 
 

Noncontrolling interest - Operating Partnership units
 
3,846,459

 
—

Restricted common shares
 
162,314

 
—

Restricted share units
 
435,599

 
—

Denominator for earnings per share - diluted common shares:
 
107,148,380

 
65,649,478

Earnings per share - basic
 
$
0.04

 
$
(0.01
)
Earnings per share - diluted
 
$
0.04

 
$
(0.01
)