The following table summarizes the basic and diluted earnings (loss) per share calculations (in thousands, except per share amounts):



	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2016			2015			2016			2015
Numerator - Basic
Income (loss) from continuing operations	$	(45,287	)	$	28,853		$	(47,695	)	$	75,254
Less: Net (income) loss attributable to noncontrolling interest	13,889			(8,023		)	15,525			(20,145		)
Less: Preferred stock dividends	(1		)	(2		)	(1		)	(2		)
Net income (loss) available to common shareholders	$	(31,399	)	$	20,828		$	(32,171	)	$	55,107

Numerator - Diluted
Income (loss) from continuing operations attributable to common shareholders	$	(31,399	)	$	20,828		$	(32,171	)	$	55,107
Add: Net income attributable to noncontrolling interest (1), (2)	—			7,664			—			17,602
Add: Preferred stock dividends (2)	—			2			—			2
Dilutive net income (loss) available to common shareholders	$	(31,399	)	$	28,494		$	(32,171	)	$	72,711

Denominator
Basic weighted average common shares	155,440			154,344			155,342			154,337
Exchange of noncontrolling interest for common stock (Note 11), (2)	—			52,976			—			52,976
Restricted stock units (2)	—			1,789			—			1,489
Stock to be issued pursuant to ESPP (2)	—			5			—			2
Diluted weighted average common shares	155,440			209,114			155,342			208,804

Earnings (loss) per common share:
Basic	$	(0.20	)	$	0.14		$	(0.21	)	$	0.36
Diluted	$	(0.20	)	$	0.14		$	(0.21	)	$	0.35




(1)	Adjusted for the additional tax expense upon the assumed conversion of the Preferred Stock	$	—	$	359	$	—	$	2,543
(2)	Approximate number of shares of potentially convertible preferred stock to common stock, unvested restricted stock units and stock to be issued pursuant to the ESPP have been excluded from the computation of diluted earnings (loss) per share as the effect would be anti-dilutive when the results from operations are at a net loss.	54,534		—		54,489		—