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Earnings per Share ("EPS")
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings per Share (EPS)
The following table reconciles the numerator and denominator used in the computation of EPS for the three months ended March 31, 2018 and 2017 (shares in thousands):
 
 
For the Three Months Ended March 31,
 
 
2018
 
2017
Numerator
 
 
 
 
Net (loss) income
 
$
(34,381
)
 
$
74,809

Less net (loss) income attributable to noncontrolling interests
 
(808
)
 
5,566

Net (loss) income attributable to the Company
 
(33,573
)
 
69,243

Allocation of earnings to participating securities
 
(244
)
 
(184
)
Numerator for basic and diluted EPS—net income attributable to common stockholders
 
$
(33,817
)
 
$
69,059

Denominator
 
 
 
 
Denominator for basic EPS—weighted average number of common shares outstanding
 
141,024

 
143,596

Effect of dilutive securities(1):
 
 
 
 
Share and unit-based compensation plans
 
26

 
59

Denominator for diluted EPS—weighted average number of common shares outstanding
 
141,050

 
143,655

EPS—net (loss) income attributable to common stockholders:
 
 
 
 
Basic
 
$
(0.24
)
 
$
0.48

Diluted
 
$
(0.24
)
 
$
0.48

 
 
 
(1)
Diluted EPS excludes 90,619 convertible preferred partnership units for the three months ended March 31, 2018 and 2017 as their impact was antidilutive. Diluted EPS excludes 10,291,217 and 10,591,428 Operating Partnership units ("OP Units") for the three months ended March 31, 2018 and 2017, respectively, as their impact was antidilutive.