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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2016
Computation of Company's Earnings Per Share (EPS) and Reconciliation of Net (Loss) Income from Continuing Operations and Number of Common Shares Used in Computations of "Basic" EPS and "Diluted" EPS | The following table provides a reconciliation of net (loss) income from continuing operations and the number of common shares used in the computations of “basic” earnings per share (“EPS”), which utilizes the weighted-average number of common shares outstanding without regard to dilutive potential common shares, and “diluted” EPS, which includes all such shares (in thousands, except per share amounts):
| Three Months |  |  | Nine Months |
| Ended September 30, |  |  | Ended September 30, |
| 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Numerators – Basic and Diluted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(Loss) income from continuing operations | $ | (81,444 | ) |  | $ | 18,030 |  |  | $ | (20,305 | ) |  | $ | (242,198 | )
Plus: Gain on disposition of real estate |  | 21,368 |  |  |  | 41,793 |  |  |  | 47,470 |  |  |  | 78,154 |
Plus: Income attributable to non-controlling interests |  | (284 | ) |  |  | (268 | ) |  |  | (894 | ) |  |  | (1,590 | )
Less: Preferred dividends |  | (5,594 | ) |  |  | (5,594 | ) |  |  | (16,781 | ) |  |  | (16,781 | )
Less: Earnings attributable to unvested shares and operating partnership units |  | (167 | ) |  |  | (221 | ) |  |  | (581 | ) |  |  | (1,075 | )
Net (loss) income attributable to common shareholders after allocation to participating securities | $ | (66,121 | ) |  | $ | 53,740 |  |  | $ | 8,909 |  |  | $ | (183,490 | )
Denominators – Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic—Average shares outstanding |  | 365,508 |  |  |  | 361,107 |  |  |  | 365,062 |  |  |  | 360,341 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock options |  | — |  |  |  | 379 |  |  |  | 320 |  |  |  | — |
Senior convertible notes |  | — |  |  |  | 2,085 |  |  |  | — |  |  |  | — |
Diluted—Average shares outstanding |  | 365,508 |  |  |  | 363,571 |  |  |  | 365,382 |  |  |  | 360,341 |
Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | $ | (0.18 | ) |  | $ | 0.15 |  |  | $ | 0.02 |  |  | $ | (0.51 | )
Diluted | $ | (0.18 | ) |  | $ | 0.15 |  |  | $ | 0.02 |  |  | $ | (0.51 | )
Common Shares |
Common Share Dividends Declared Per Share | Common share dividends declared per share were as follows:
|  | Three Months |  |  | Nine Months |
|  | Ended September 30, |  |  | Ended September 30, |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Common share dividends declared per share |  | $ | 0.19 |  |  | $ | 0.1725 |  |  | $ | 0.57 |  |  | $ | 0.5175 |

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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://www.xbrl.org/2003/role/presentationRef -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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