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Earnings per Share ("EPS")
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2018 and 2017 (shares in thousands):
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
Numerator
 
 
 
 
 
 
 
Net income (loss)
$
8,866

 
$
29,052

 
$
(25,515
)
 
$
103,861

Less net income attributable to noncontrolling interests
1,050

 
2,414

 
242

 
7,980

Net income (loss) attributable to the Company
7,816

 
26,638

 
(25,757
)
 
95,881

Allocation of earnings to participating securities
(304
)
 
(188
)
 
(547
)
 
(375
)
Numerator for basic and diluted EPS—net income (loss) attributable to common stockholders
$
7,512

 
$
26,450

 
$
(26,304
)
 
$
95,506

Denominator
 
 
 
 
 
 
 
Denominator for basic EPS—weighted average number of common shares outstanding
141,137

 
141,695

 
141,081

 
142,640

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

 
33

 

 
47

Denominator for diluted EPS—weighted average number of common shares outstanding
141,137

 
141,728

 
141,081

 
142,687

EPS—net (loss) income attributable to common stockholders:
 
 
 
 
 
 
 
Basic
$
0.05

 
$
0.19

 
$
(0.19
)
 
$
0.67

Diluted
$
0.05

 
$
0.19

 
$
(0.19
)
 
$
0.67

 
 
 
(1)
Diluted EPS excludes 90,619 convertible preferred partnership units for the three and six months ended June 30, 2018 and 2017, as their impact was antidilutive.
Diluted EPS excludes 10,397,726 and 10,526,547 Operating Partnership units ("OP Units") for the three months ended June 30, 2018 and 2017, respectively, and 10,344,766 and 10,558,809 OP Units for the six months ended June 30, 2018 and 2017, respectively, as their impact was antidilutive.