Income (Loss) Per Share

The following table reconciles the amounts used in calculating basic and diluted income (loss) per share (in thousands, except per share amounts):



	Three Months Ended March 31,
	2019			2018
Net income (loss) attributable to common stockholders - basic and diluted:
Net income (loss) attributable to the Company	$	(981	)	$	4,020
Less: Dividends on preferred stock	(2,532		)	(1,707		)
Less: Dividends on common stock	(5,158		)	(5,116		)
Less: Dividends on unvested performance stock units	(75		)	(72		)
Less: Dividends on unvested restricted shares	(96		)	(87		)
Undistributed net income (loss) allocated to common stockholders	(8,842		)	(2,962		)
Add back: Dividends on common stock	5,158			5,116
Distributed and undistributed net income (loss) - basic and diluted	$	(3,684	)	$	2,154

Weighted average common shares outstanding:
Weighted average common shares outstanding – basic	32,115			31,680
Advisory services incentive fee shares	—			3
Weighted average common shares outstanding – diluted	32,115			31,683

Income (loss) per share - basic:
Net income (loss) allocated to common stockholders per share	$	(0.11	)	$	0.07
Income (loss) per share - diluted:
Net income (loss) allocated to common stockholders per share	$	(0.11	)	$	0.07

Due to their anti-dilutive effect, the computation of diluted income (loss) per share does not reflect the adjustments for the following items (in thousands):



	Three Months Ended March 31,
	2019			2018
Net income (loss) allocated to common stockholders is not adjusted for:
Income (loss) allocated to unvested restricted shares	$	96		$	87
Income (loss) allocated to unvested performance stock units	75			72
Income (loss) attributable to redeemable noncontrolling interests in operating partnership	(440		)	292
Dividends on preferred stock - Series B	1,707			1,707
Total	$	1,438		$	2,158
Weighted average diluted shares are not adjusted for:
Effect of unvested restricted shares	87			49
Effect of unvested performance stock units	288			16
Effect of assumed conversion of operating partnership units	4,342			4,124
Effect of assumed conversion of preferred stock - Series B	6,569			6,569
Effect of advisory services incentive fee shares	73			—
Total	11,359			10,758