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Net Income (Loss) Per Common Share (Notes)
 12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share
Net Income (Loss) Per Common Share

The computation of diluted EPS is as follows (in thousands, except per share data):
 
Year Ended
 
December 31,
 
2014
 
2013
 
2012
 
(in thousands, except per share data)
Numerator:
 
 
 
 
 
Basic net income (loss) attributable to common stockholders
$
42,943

 
$
(29,687
)
 
$
(51,249
)
Effect of net income attributable to noncontrolling interests - unit holders
2,089

 
—

 
—

Diluted net income (loss) attributable to common stockholders
$
45,032

 
$
(29,687
)
 
$
(51,249
)
Denominator:
 

 
 

 
 

Basic weighted average shares outstanding
101,913

 
66,336

 
31,542

Effect of operating partnership units
5,200

 
—

 
—

Effect of restricted share units
182

 
—

 
—

Effect of restricted shares
13

 
—

 
—

Effect of deferred incentive share units
11

 
—

 
—

Diluted adjusted weighted average shares outstanding
107,319

 
66,336

 
31,542

 
 
 


 


Basic and diluted net income (loss) per share attributable to Parkway Properties, Inc.
$
0.42

 
$
(0.45
)
 
$
(1.62
)


The computation of diluted EPS for 2014 included the effect of operating partnership units, restricted share units, restricted shares, and deferred incentive share units. The computation of diluted EPS for 2013 and 2012 did not include the effect of operating partnership units, restricted share units, restricted shares, deferred incentive share units, and LTIP units as their inclusion would have been anti-dilutive. Terms and conditions of these awards are described in "Note 16—Share-Based and Long-Term Compensation Plans."