XML 58 R35.htm IDEA: XBRL DOCUMENT v3.19.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table provides a reconciliation of the numerator and denominator of the earnings per share calculations (in thousands, except per share amounts):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
Net loss attributable to stockholders - basic
$
(25,877
)
 
$
(13,228
)
 
$
(67,642
)
 
$
(26,179
)
Net loss attributable to convertible OP units(1)
(3,893
)
 
(3,180
)
 
(10,319
)
 
(6,270
)
Net loss - diluted
$
(29,770
)
 
$
(16,408
)
 
$
(77,961
)
 
$
(32,449
)
Denominator:
 
 
 
 
 
 
 
Weighted-average shares - basic
283,827

 
183,699

 
282,714

 
184,676

OP units(1)
42,783


44,453

 
43,356

 
44,453

Adjusted weighted-average shares - diluted
326,610

 
228,152

 
326,070

 
229,129

Earnings per common share:
 
 
 
 
 
 
 
Basic and diluted
$
(0.09
)
 
$
(0.07
)
 
$
(0.24
)
 
$
(0.14
)
(1) OP units include units that are convertible into common stock or cash, at the Operating Partnership’s option. The Operating Partnership loss attributable to these OP units, which is included as a component of Net Loss Attributable to Noncontrolling Interests on the consolidated statements of operations, has been added back in the numerator as these OP units were included in the denominator for all years presented.