XML 89 R69.htm IDEA: XBRL DOCUMENT v2.4.1.9
Earnings Per Share (Details) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Numerators    
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. $ (54,209,000)us-gaap_IncomeLossFromContinuingOperations $ 3,698,000us-gaap_IncomeLossFromContinuingOperations
Undistributed earnings allocated to participating securities 0fce_UndistributedEarningsFromContinuingOperationsAllocatedToParticipatingSecuritiesBasic (106,000)fce_UndistributedEarningsFromContinuingOperationsAllocatedToParticipatingSecuritiesBasic
Earnings (loss) from continuing operations attributable to common shareholders - Basic (54,209,000)fce_NetIncomeLossFromContinuingOperationsAvailableToCommonStockholdersBasic 3,592,000fce_NetIncomeLossFromContinuingOperationsAvailableToCommonStockholdersBasic
Undistributed earnings allocated to participating securities 0fce_UndistributedEarningsFromContinuingOperationsAllocatedToParticipatingSecuritiesDiluted 106,000fce_UndistributedEarningsFromContinuingOperationsAllocatedToParticipatingSecuritiesDiluted
Earnings (loss) from continuing operations attributable to common shareholders ‑ Diluted (54,209,000)fce_NetIncomeLossFromContinuingOperationsAvailableToCommonStockholdersDiluted 3,698,000fce_NetIncomeLossFromContinuingOperationsAvailableToCommonStockholdersDiluted
Net earnings (loss) attributable to Forest City Enterprises, Inc. (54,209,000)us-gaap_NetIncomeLoss 15,520,000us-gaap_NetIncomeLoss
Undistributed earnings allocated to participating securities 0us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic (444,000)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
Net earnings (loss) attributable to common shareholders - Basic (54,209,000)fce_NetIncomeLossNetOfUndistributedEarningsAllocatedToParticipatingSecuritiesAvailableToCommonShareholdersBasis 15,076,000fce_NetIncomeLossNetOfUndistributedEarningsAllocatedToParticipatingSecuritiesAvailableToCommonShareholdersBasis
Undistributed earnings allocated to participating securities 0us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted 444,000us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
Net earnings (loss) attributable to common shareholders ‑ Diluted $ (54,209,000)us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted $ 15,520,000us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted
Denominators    
Weighted average shares outstanding ‑ Basic 202,963,083us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 197,739,076us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Effect of stock options, restricted stock and performance shares 0us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 1,926,005us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
Effect of convertible debt 0us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities 0us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities
Effect of convertible Class A Common Units 0fce_IncrementalCommonSharesAttributableToConversionOfCommonUnits 3,646,755fce_IncrementalCommonSharesAttributableToConversionOfCommonUnits
Weighted average shares outstanding ‑ Diluted 202,963,083us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1] 203,311,836us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1]
Earnings per share    
Earnings (loss) from continuing operations attributable to common shareholders ‑ Basic $ (0.27)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.02us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Earnings (loss) from continuing operations attributable to common shareholders ‑ Diluted $ (0.27)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.02us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Net earnings (loss) attributable to common shareholders ‑ Basic $ (0.27)us-gaap_EarningsPerShareBasic $ 0.08us-gaap_EarningsPerShareBasic
Net earnings (loss) attributable to common shareholders ‑ Diluted $ (0.27)us-gaap_EarningsPerShareDiluted $ 0.08us-gaap_EarningsPerShareDiluted
[1] Incremental shares from dilutive options, restricted stock, performance shares and convertible securities aggregating 33,828,488 for the three months ended March 31, 2015 were not included in the computation of EPS because their effect is anti-dilutive due to the loss from continuing operations. Weighted-average shares issuable upon the conversion of convertible debt of 32,138,215 for the three months ended March 31, 2014 were not included in the computation of diluted EPS because their effect is anti-dilutive under the if-converted method. Weighted-average options, restricted stock and performance shares of 2,444,380 and 3,195,616 for the three months ended March 31, 2015 and 2014, respectively, were not included in the computation of diluted EPS because their effect is anti-dilutive under the treasury stock method.