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Earnings per Share
6 Months Ended
Jun. 30, 2015
Earnings per Share  
Earnings per Share

 

Note 10. 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, 2015 and 2014 (in thousands, except share data):

 

 

 

For the Three Months Ended

 

For the Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Income / (loss) (numerator):

 

 

 

 

 

 

 

 

 

Net loss

 

$

(8,398

)

$

(3,369

)

$

(16,663

)

$

(10,304

)

Noncontrolling interest

 

3,730

 

4,212

 

7,686

 

7,832

 

Dividends on preferred shares

 

5,569

 

4,669

 

11,138

 

7,790

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common shareholders

 

$

(17,697

)

$

(12,250

)

$

(35,487

)

$

(25,926

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares (denominator)

 

211,487,164

 

185,515,651

 

211,484,461

 

185,510,004

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share—basic and diluted

 

$

(0.08

)

$

(0.07

)

$

(0.17

)

$

(0.14

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total weighted-average shares for the three and six months ended June 30, 2015, excludes an aggregate of 74,064,994, and for the three and six months ended June 30, 2014, excludes an aggregate of 72,938,266, of 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.