Earnings Per Share ("EPS")

3 Months Ended

Mar. 31, 2021

Earnings Per Share ("EPS"):

The following table reconciles the numerator and denominator used in the computation of EPS for the three months ended March 31, 2021 and 2020 (shares in thousands):


	For the Three Months Ended March 31,
		2021		2020
Numerator
Net (loss) income		$	(67,730)	$	8,731
Less net (loss) income attributable to noncontrolling interests		(4,126)		1,209
Net (loss) income attributable to the Company		(63,604)		7,522
Allocation of earnings to participating securities		(214)		(322)
Numerator for basic and diluted EPS—net (loss) income attributable to common stockholders		$	(63,818)	$	7,200
Denominator



Denominator for basic and diluted EPS—weighted average number of common shares outstanding(1)		158,580		141,437
EPS—net (loss) income attributable to common stockholders
Basic and diluted		$	(0.40)	$	0.05

(1) Diluted EPS excludes 103,235 and 90,619 convertible preferred partnership units for the three months ended March 31, 2021 and 2020, respectively, as their impact was antidilutive. Diluted EPS also excludes 10,855,707 and 10,477,827 Operating Partnership units ("OP Units") for the three months ended March 31, 2021 and 2020, respectively, as their impact was antidilutive.