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Earnings per share
9 Months Ended
Sep. 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 nine months ended September 30, 2014 and 2013 (in thousands, except share data):

 
  For the Three Months
Ended September 30,
  For the Nine Months
Ended September 30,
 
 
  2014   2013   2014   2013  

Income / (loss) (numerator):

                         

Loss from continuing operations

  $ (12,796 ) $ (3,861 ) $ (23,100 ) $ (10,603 )

Income from discontinued operations

                1,008  

Noncontrolling interest

    3,382     3,798     11,214     9,357  

Dividends on preferred shares

    5,569         13,359      

Conversion of preferred units

                10,456  
                   

Net loss attributable to common shareholders

  $ (21,747 ) $ (7,659 ) $ (47,673 ) $ (29,408 )
                   
                   

Weighted-average shares (denominator)

    202,547,677     162,725,150     191,251,638     102,729,661  

Net loss per share—basic and diluted:

   
 
   
 
   
 
   
 
 

Loss from continuing operations

  $ (0.11 ) $ (0.05 ) $ (0.25 ) $ (0.30 )

Income from discontinued operations

                0.01  
                   

Net loss per share—basic and diluted

  $ (0.11 ) $ (0.05 ) $ (0.25 ) $ (0.29 )
                   
                   

        Total weighted-average shares for the three and nine months ended September 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 nine months ended September 30, 2013, shown above excludes an aggregate of 54,263,266 shares or units in our Operating Partnership, the subscription agreement and stock options 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.