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EARNINGS PER SHARE (Tables) | 3 Months Ended
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Mar. 31, 2020
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 months ended March 31, 2020 and 2019:
| (in thousands, except per share data)
| Three Months Ended March 31,
| 2020 |  | 2019
NUMERATOR |  |  |
Net income (loss) attributable to controlling interests | $ | (7,007 | ) |  | $ | (4,698 | )
Dividends to preferred shareholders | (1,705 | ) |  | (1,705 | )
Redemption of preferred shares | 273 |  |  | — |
Numerator for basic earnings (loss) per share – net income available to common shareholders | (8,439 | ) |  | (6,403 | )
Noncontrolling interests – Operating Partnership | (692 | ) |  | (743 | )
Dividends to preferred unitholders | 160 |  |  | 57 |
Numerator for diluted earnings (loss) per share | $ | (8,971 | ) |  | $ | (7,089 | )
DENOMINATOR |  |  |  |  |
Denominator for basic earnings per share weighted average shares | 12,103 |  |  | 11,763 |
Effect of redeemable operating partnership units | 1,054 |  |  | 1,367 |
Effect of Series D preferred units | 228 |  |  | 85 |
Effect of dilutive restricted stock awards and restricted stock units | 16 |  |  | 14 |
Denominator for diluted earnings per share | 13,401 |  |  | 13,229 |
Earnings (loss) per common share from continuing operations – basic | $ | (0.69 | ) |  | $ | (0.54 | )
Earnings (loss) per common share from discontinued operations – basic | — |  |  | — |
NET EARNINGS (LOSS) PER COMMON SHARE – BASIC | $ | (0.69 | ) |  | $ | (0.54 | )
Earnings (loss) per common share from continuing operations – diluted | $ | (0.67 | ) |  | $ | (0.54 | )
Earnings (loss) per common share from discontinued operations – diluted | — |  |  | — |
NET EARNINGS (LOSS) PER COMMON SHARE – DILUTED | $ | (0.67 | ) |  | $ | (0.54 | )

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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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