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Earnings per share
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2014 and 2013 (in thousands, except share information):

 
  For the Three Months Ended June 30,   For the Six Months Ended June 30,  
 
  2014   2013   2014   2013  

Income / (loss) (numerator):

                         

Loss from continuing operations

  $ (3,369 ) $ 137   $ (10,304 ) $ (6,742 )

Income from discontinued operations

        986         1,008  

Noncontrolling interest

    4,212     4,664     7,832     5,559  

Dividends on preferred shares

    4,669         7,790      

Conversion of preferred units

        10,456         10,456  
                   

Net loss attributable to common shareholders

  $ (12,250 ) $ (13,997 ) $ (25,926 ) $ (21,749 )
                   
                   

Weighted-average shares (denominator)

   
185,515,651
   
95,971,706
   
185,510,004
   
72,234,717
 

Net loss per share—basic and diluted:

   
 
   
 
   
 
   
 
 

Loss from continuing operations

  $ (0.07 ) $ (0.16 ) $ (0.14 ) $ (0.31 )

Income from discontinued operations

        0.01         0.01  
                   

Net loss per share—basic and diluted

  $ (0.07 ) $ (0.15 ) $ (0.14 ) $ (0.30 )
                   
                   

        Total weighted average shares for the three and six months ended June 30, 2014 shown above excludes an aggregate of 72,938,266 shares or units in our Operating Partnership, Series A, B and C preferred shares, common shares issuable upon exercise of stock options, and restricted stock units because they were antidilutive. Total weighted average shares for the three and six months ended June 30, 2013 shown above excludes an aggregate of 35,775,468 and 54,293,266 of shares or units in our Operating Partnership, respectively, and common shares issuable upon exercise of the option pursuant to the subscription agreement with the Sponsor 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.