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Earnings per share
3 Months Ended
Mar. 31, 2014
Earnings per share  
Earnings per share

Note 12. Earnings per share

        The following table reflects the computation of net loss per share on a basic and diluted basis for the three months ended March 31, 2014 and 2013 (in thousands, except share information):

 
  For the Three Months
Ended March 31,
 
 
  2014   2013  

Income (loss) (numerator):

             

Loss from continuing operations

  $ (6,935 ) $ (6,879 )

Income from discontinued operations

        22  

Noncontrolling interest

    3,620     895  

Dividends on preferred shares

    3,121      
           

Net loss attributable to common shareholders

  $ (13,676 ) $ (7,752 )
           
           

Weighted-average shares (denominator)

    185,504,294     48,233,982  

Net loss per share- basic and diluted:

   
 
   
 
 

Loss from continuing operations

  $ (0.07 ) $ (0.16 )

Income from discontinued operations

         
           

Net loss per share- basic and diluted

  $ (0.07 ) $ (0.16 )
           
           

        Total weighted average shares for the three months ended March 31, 2014 and 2013 shown above excludes an aggregate of 65,292,016 and 35,805,467 of shares or units in our Operating Partnership, respectively, common shares issuable upon exercise of the option pursuant to a subscription agreement with the Sponsor, Series A and B preferred shares, stock options, and restricted stock units because they were antidilutive.

        Due to the inherent complexity of the accompanying condensed consolidated financial statements as a result of the transactions completed between entities under common control (see Note 10), management does not consider the historical net loss per share computations to be meaningful.