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Earnings per Share
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings per Share
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, 2017 and 2016 (in thousands, except share data): 
 
For the Three Months Ended
March 31,
 
2017
 
2016
Income (numerator):
 

 
 

Net income
$
11,796

 
$
5,028

Noncontrolling interest
(301
)
 
3,836

Dividends on preferred shares
13,587

 
5,569

Net loss attributable to common shareholders
$
(1,490
)
 
$
(4,377
)
 
 
 
 
Weighted-average shares (denominator)
244,391,368

 
219,157,870

 
 
 
 
Net loss per share—basic and diluted
$
(0.01
)
 
$
(0.02
)

 
The computation of diluted earnings per share for the quarters ended March 31, 2017 and 2016, excludes an aggregate of 27,790,165 and 20,316,350 potentially dilutive securities, respectively, which include Series A, B and C participating preferred shares, exchangeable senior notes, common shares issuable upon exercise of stock options, and unvested restricted stock units, because their effect would have been antidilutive due to the net loss for those periods.