XML 70 R46.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Earnings Per Share (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Earnings Per Share [Abstract] |
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):
| For the Year Ended December 31, |
| 2016 |  |  | 2015 |  |  | 2014 |
Numerators – Basic and Diluted |  |  |  |  |  |  |  |  |  |  |
Continuing Operations: |  |  |  |  |  |  |  |  |  |  |
(Loss) income from continuing operations | $ | (12,187 | ) |  | $ | (237,881 | ) |  | $ | 21,107 |
Plus: Gain on disposition of real estate |  | 73,386 |  |  |  | 167,571 |  |  |  | 3,060 |
Plus: (Income) loss attributable to non-controlling interests |  | (1,187 | ) |  |  | (1,858 | ) |  |  | 2,356 |
Less: Write-off of preferred share original issuance costs |  | — |  |  |  | — |  |  |  | (1,943 | )
Less: Preferred dividends |  | (22,375 | ) |  |  | (22,375 | ) |  |  | (24,054 | )
Less: Earnings attributable to unvested shares and OP Units |  | (786 | ) |  |  | (1,286 | ) |  |  | (1,684 | )
Income (loss) from continuing operations |  | 36,851 |  |  |  | (95,829 | ) |  |  | (1,158 | )
Discontinued Operations: |  |  |  |  |  |  |  |  |  |  |
Income from discontinued operations |  | — |  |  |  | — |  |  |  | 89,398 |
Plus: Loss attributable to non-controlling interests |  | — |  |  |  | — |  |  |  | 1,361 |
Net income (loss) attributable to common shareholders after allocation to participating securities | $ | 36,851 |  |  | $ | (95,829 | ) |  | $ | 89,601 |
Denominators – Number of Shares |  |  |  |  |  |  |  |  |  |  |
Basic—Average shares outstanding |  | 365,294 |  |  |  | 360,946 |  |  |  | 358,122 |
Effect of dilutive securities—Stock options |  | 267 |  |  |  | — |  |  |  | — |
Diluted—Average shares outstanding |  | 365,561 |  |  |  | 360,946 |  |  |  | 358,122 |
Basic Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations attributable to common shareholders | $ | 0.10 |  |  | $ | (0.27 | ) |  | $ | 0.00 |
Income from discontinued operations attributable to common shareholders |  | — |  |  |  | — |  |  |  | 0.25 |
Net income (loss) attributable to common shareholders | $ | 0.10 |  |  | $ | (0.27 | ) |  | $ | 0.25 |
Diluted Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations attributable to common shareholders | $ | 0.10 |  |  | $ | (0.27 | ) |  | $ | 0.00 |
Income from discontinued operations attributable to common shareholders |  | — |  |  |  | — |  |  |  | 0.25 |
Net income (loss) attributable to common shareholders | $ | 0.10 |  |  | $ | (0.27 | ) |  | $ | 0.25 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration