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Earnings per Share and Unit (Tables)
3 Months Ended
Mar. 31, 2017
Parent Company [Member]  
Schedule of earnings per share
The following summarizes the calculation of basic and diluted earnings per share: 
 
 
Three months ended March 31,
(in thousands, except per share data)
 
2017
 
2016
Numerator:
 
 
 
 
(Loss) income from operations attributable to common stockholders - basic
 
$
(33,223
)
 
47,877

(Loss) income from operations attributable to common stockholders - diluted
 
$
(33,223
)
 
47,877

Denominator:
 
 
 
 
Weighted average common shares outstanding for basic EPS
 
126,649

 
97,518

Weighted average common shares outstanding for diluted EPS (1)
 
126,649

 
97,891


 
 
 
 
(Loss) income per common share – basic
 
$
(0.26
)
 
0.49

(Loss) income per common share – diluted
 
$
(0.26
)
 
0.49


(1) 2016 includes the dilutive impact of unvested restricted stock and shares issuable under the forward equity offering using the treasury stock method.
Partnership Interest [Member]  
Schedule of earnings per share
The following summarizes the calculation of basic and diluted earnings per unit: 
 
 
Three months ended March 31,
(in thousands, except per share data)
 
2017
 
2016
Numerator:
 
 
 
 
(Loss) income from operations attributable to common unit holders - basic
 
$
(33,242
)
 
47,962

(Loss) income from operations attributable to common unit holders - diluted
 
$
(33,242
)
 
47,962

Denominator:
 
 
 
 
Weighted average common units outstanding for basic EPU
 
126,803

 
97,672

Weighted average common units outstanding for diluted EPU (1)
 
126,803

 
98,045


 
 
 
 
(Loss) income per common unit – basic
 
$
(0.26
)
 
0.49

(Loss) income per common unit – diluted
 
$
(0.26
)
 
0.49

(1) 2016 includes the dilutive impact of unvested restricted stock and the forward equity offering using the treasury stock method.