Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Reconciliation of Net Income (Loss) and Number of Common Shares Used in Computations of "Basic" EPS and "Diluted" EPS

The following table provides a reconciliation of net income (loss) and the number of common shares used in the computations of “basic” earnings per share (“EPS”), which utilizes the weighted-average number of common shares outstanding without regard to dilutive potential common shares, and “diluted” EPS, which includes all such shares (in thousands, except per share amounts).  

	Three Months						Six Months
	Ended June 30,						Ended June 30,
	2019			2018			2019			2018
Numerators – Basic and Diluted
Net income (loss)	$	17,537		$	(2,633	)	$	53,632		$	(56,530	)
Plus: Income attributable to non-controlling interests		(260	)		(696	)		(565	)		(952	)
Less: Preferred dividends		(8,383	)		(8,383	)		(16,766	)		(16,766	)
Less: Earnings attributable to unvested shares and operating    partnership units		(175	)		(650	)		(346	)		(852	)
Net income (loss) attributable to common shareholders after    allocation to participating securities	$	8,719		$	(12,362	)	$	35,955		$	(75,100	)
Denominators – Number of Shares
Basic—Average shares outstanding		180,551			184,634			180,548			184,595
Assumed conversion of diluted securities		658			—			826			—
Diluted—Average shares outstanding		181,209			184,634			181,374			184,595
Earnings (Loss) Per Share:
Basic	$	0.05		$	(0.07	)	$	0.20		$	(0.41	)
Diluted	$	0.05		$	(0.07	)	$	0.20		$	(0.41	)