11.	Earnings Per Share

The following table provides a reconciliation of net loss 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). Further, all per share amounts and average shares outstanding have been restated to reflect the May 2018 reverse stock split described in Note 1.

	Three Months						Six Months
	Ended June 30,						Ended June 30,
	2018			2017			2018			2017
Numerators – Basic and Diluted
Loss from continuing operations	$	(32,141	)	$	(14,721	)	$	(96,049	)	$	(106,876	)
Plus: Gain on disposition of real estate		29,508			44,599			39,519			82,726
Plus: Income attributable to non-controlling interests		(696	)		(267	)		(952	)		(480	)
Less: Preferred dividends		(8,383	)		(6,399	)		(16,766	)		(11,993	)
Less: Earnings attributable to unvested shares and operating partnership units		(650	)		(251	)		(852	)		(502	)
Net (loss) income attributable to common shareholders after allocation to participating securities	$	(12,362	)	$	22,961		$	(75,100	)	$	(37,125	)
Denominators – Number of Shares
Basic—Average shares outstanding		184,634			183,493			184,595			183,355
Assumed conversion of diluted securities		—			22			—			—
Diluted—Average shares outstanding		184,634			183,515			184,595			183,355
Loss Per Share:
Basic	$	(0.07	)	$	0.13		$	(0.41	)	$	(0.20	)
Diluted	$	(0.07	)	$	0.13		$	(0.41	)	$	(0.20	)