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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Reconciliation of Net Income (Loss) and Number of Common Shares Used in Computations of Basic Earnings Per Share

Earnings per share has not been presented for Class B shareholders, as they do not have economic rights.

 

(in thousands except per share amounts)

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

Numerator - Basic and Diluted

 

 

 

 

 

 

 

 

Net loss

 

$

(30,975

)

 

 

(10,894

)

Net income attributable to non-controlling interests

 

 

10,311

 

 

 

3,927

 

Preferred dividends

 

 

(1,225

)

 

 

(1,225

)

Net loss attributable to common shareholders - Basic

   and diluted

 

$

(21,889

)

 

$

(8,192

)

 

 

 

 

 

 

 

 

 

Denominator - Basic and Diluted

 

 

 

 

 

 

 

 

Weighted average Class A common shares outstanding

 

 

37,232

 

 

 

35,671

 

Weighted average Class C common shares outstanding

 

 

 

 

 

 

Weighted average Class A and Class C common shares

   outstanding - Basic

 

 

37,232

 

 

 

35,671

 

Restricted shares and share units

 

 

 

 

 

 

Weighted average Class A and Class C common shares

   outstanding - Diluted

 

 

37,232

 

 

 

35,671

 

 

 

 

 

 

 

 

 

 

Net loss per share attributable to Class A and Class C

   common shareholders - Basic

 

$

(0.59

)

 

$

(0.23

)

Net loss per share attributable to Class A and Class C

   common shareholders - Diluted

 

$

(0.59

)

 

$

(0.23

)