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Loss Per Common Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table summarizes the basic and diluted loss per share calculations (in thousands, except per share amounts):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2017
 
2016
 
2017
 
2016
Numerator
 
 
 
 
 
 
 
Net loss
$
(25,950
)
 
$
(45,287
)
 
$
(52,613
)
 
$
(47,695
)
Less: Net loss attributable to noncontrolling interest

 
13,889

 

 
15,525

Less: Preferred stock dividends

 
(1
)
 

 
(1
)
Net loss available to common shareholders
$
(25,950
)
 
$
(31,399
)
 
$
(52,613
)
 
$
(32,171
)
Denominator
 
 
 
 
 
 
 
Basic and diluted (1) weighted average common shares
222,914

 
155,440

 
222,740

 
155,342

Loss per common share:
 
 
 
 
 
 
 
Basic and diluted
$
(0.12
)
 
$
(0.20
)
 
$
(0.24
)
 
$
(0.21
)
 
 
 
 
 
 
 
 
 
(1) 
Approximate number of shares of potentially convertible preferred stock to common stock up until the time of conversion on August 26, 2016, unvested restricted stock units and stock to be issued pursuant to the employee stock purchase plan have been excluded from the computation of diluted loss per share as the effect would be anti-dilutive when the results from operations are at a net loss.
425

 
54,534

 
616

 
54,489