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EARNINGS PER SHARE (Tables) | 6 Months Ended
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Jun. 30, 2019
Earnings Per Share [Abstract] |
Reconciliation of Numerator and Denominator Used To Calculate Basic and Diluted Earnings per Share | The following table presents a reconciliation of the numerator and denominator used to calculate basic and diluted earnings per share reported in the condensed consolidated financial statements for the three and six months ended June 30, 2019 and 2018:
| (in thousands, except per share data)
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
NUMERATOR |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations – controlling interests | $ | 3,113 |  |  | $ | (20,386 | ) |  | $ | (1,585 | ) |  | $ | (26,200 | )
Income (loss) from discontinued operations – controlling interests | — |  |  | 212 |  |  | — |  |  | 12,630 |
Net income (loss) attributable to controlling interests | 3,113 |  |  | (20,174 | ) |  | (1,585 | ) |  | (13,570 | )
Dividends to preferred shareholders | (1,706 | ) |  | (1,706 | ) |  | (3,411 | ) |  | (3,411 | )
Numerator for basic earnings (loss) per share – net income available to common shareholders | 1,407 |  |  | (21,880 | ) |  | (4,996 | ) |  | (16,981 | )
Noncontrolling interests – Operating Partnership | 148 |  |  | (2,580 | ) |  | (595 | ) |  | (2,000 | )
Numerator for diluted earnings (loss) per share | $ | 1,555 |  |  | $ | (24,460 | ) |  | $ | (5,591 | ) |  | $ | (18,981 | )
DENOMINATOR |  |  |  |  |  |  |  |  |  |  |
Denominator for basic earnings per share weighted average shares | 11,729 |  |  | 11,928 |  |  | 11,746 |  |  | 11,950 |
Effect of redeemable operating partnership units | 1,226 |  |  | 1,407 |  |  | 1,306 |  |  | 1,416 |
Denominator for diluted earnings per share | 12,955 |  |  | 13,335 |  |  | 13,052 |  |  | 13,366 |
Earnings (loss) per common share from continuing operations – basic and diluted | $ | 0.11 |  |  | $ | (1.85 | ) |  | $ | (0.43 | ) |  | $ | (2.48 | )
Earnings (loss) per common share from discontinued operations – basic and diluted | — |  |  | 0.02 |  |  | — |  |  | 1.06 |
NET EARNINGS (LOSS) PER COMMON SHARE – BASIC & DILUTED | $ | 0.11 |  |  | $ | (1.83 | ) |  | $ | (0.43 | ) |  | $ | (1.42 | )

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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