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Earnings per Share
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2017 and 2016 (in thousands, except share data): 
 
For the Three Months Ended
June 30,
 
For the Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Income (numerator):
 

 
 

 
 

 
 

Net income (loss)
$
15,066

 
$
(3,753
)
 
$
26,862

 
$
1,275

Noncontrolling interest
(30
)
 
(761
)
 
(331
)
 
3,075

Dividends on preferred shares
15,282

 
7,412

 
28,869

 
12,981

Net loss attributable to common shareholders
$
(186
)
 
$
(10,404
)
 
$
(1,676
)
 
$
(14,781
)
 
 
 
 
 
 
 
 
Weighted-average shares (denominator)
258,900,456

 
238,481,265

 
251,685,993

 
228,819,566

 
 
 
 
 
 
 
 
Net loss per share—basic and diluted
$

 
$
(0.04
)
 
$
(0.01
)
 
$
(0.06
)

 
The computation of diluted earnings per share for the three months ended June 30, 2017 and 2016, excludes an aggregate of 28,351,580 and 20,200,950, respectively, and for the six months ended June 30, 2017 and 2016, excludes 28,342,309 and 20,200,950 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.