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Earnings (Loss) Per Common Share (Tables)
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Share, Basic and Diluted
The following summarizes the calculation of basic and diluted earnings (loss) per common share and provides a reconciliation of the amounts of net income (loss) available to common shareholders used in calculating basic and diluted earnings (loss) per common share for each of the three years in the period ended December 31, 2017:
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
(In thousands, except per share amounts)
Net income (loss)
$
(79,084
)
 
$
61,974

 
$
49,628

Net loss attributable to redeemable noncontrolling interests
7,328

 
—

 
—

Net loss attributable to noncontrolling interest
3

 
—

 
—

Net income (loss) attributable to common shareholders
(71,753
)
 
61,974

 
49,628

Distributions to participating securities
(1,655
)
 
—

 
—

Net income (loss) available to common shareholders
$
(73,408
)
 
$
61,974

 
$
49,628

 
 
 
 
 
 
Weighted average number of common shares outstanding — basic and diluted (1)
105,359

 
100,571

 
100,571

Earnings (loss) per common share:
 
 
 
 
 
Basic
$
(0.70
)
 
$
0.62

 
$
0.49

Diluted
(0.70
)
 
0.62

 
0.49

______________
(1) 
Reflects the weighted average common shares outstanding as of the date of the Separation in all periods prior to July 17, 2017.
Schedule of Antidilutive Securities Excluded from Computation of Earnings (Loss) Per Share
The number of additional securities excluded from the calculation of diluted earnings (loss) per common share as they were antidilutive, but potentially could be dilutive in the future are included in the following table for each of the three years in the period ended December 31, 2017:
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
(In thousands)
OP Units
3,087

 
—

 
—

Formation Awards
2,674

 
—

 
—

Time-Based LTIP Units
409

 
—

 
—

Performance-Based LTIP Units
605

 
—

 
—