XML 45 R32.htm IDEA: XBRL DOCUMENT v3.19.1
Earnings per Share ("EPS") (Tables)
 3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Reconciliation of numerator and denominator used in computation of earnings per share
The following table reconciles the numerator and denominator used in the computation of EPS for the three months ended March 31, 2019 and 2018 (shares in thousands):
 
 
For the Three Months Ended March 31,
 
 
2019
 
2018
Numerator
 
 
 
 
Net income (loss)
 
$
8,843

 
$
(34,381
)
Less net income (loss) attributable to noncontrolling interests
 
1,019

 
(808
)
Net income (loss) attributable to the Company
 
7,824

 
(33,573
)
Allocation of earnings to participating securities
 
(281
)
 
(244
)
Numerator for basic and diluted EPS—net income attributable to common stockholders
 
$
7,543

 
$
(33,817
)
Denominator
 
 
 
 
Denominator for basic EPS—weighted average number of common shares outstanding
 
141,262

 
141,024

Effect of dilutive securities(1):
 
 
 
 
Share and unit-based compensation plans
 
—

 
26

Denominator for diluted EPS—weighted average number of common shares outstanding
 
141,262

 
141,050

EPS—net income (loss) attributable to common stockholders:
 
 
 
 
Basic
 
$
0.05

 
$
(0.24
)
Diluted
 
$
0.05

 
$
(0.24
)
 
 
 
(1)
Diluted EPS excludes 90,619 convertible preferred partnership units for the three months ended March 31, 2019 and 2018, as their impact was antidilutive. Diluted EPS excludes 10,415,190 and 10,291,217 Operating Partnership units ("OP Units") for the three months ended March 31, 2019 and 2018, respectively, as their impact was antidilutive.