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 September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Net income (loss) attributable to common stockholders - basic and diluted:
Net income (loss) attributable to the Company	$	(9,388	)	$	(1,869	)	$	(14,879	)	$	13,681
Less: Dividends on preferred stock	(2,533		)	(1,707		)	(7,597		)	(5,122		)
Less: Dividends on common stock	(5,177		)	(5,126		)	(15,508		)	(15,364		)
Less: Dividends on unvested performance stock units	(74		)	(72		)	(224		)	(216		)
Less: Dividends on unvested restricted shares	(88		)	(78		)	(272		)	(243		)
Undistributed net income (loss) allocated to common stockholders	(17,260		)	(8,852		)	(38,480		)	(7,264		)
Add back: Dividends on common stock	5,177			5,126			15,508			15,364
Distributed and undistributed net income (loss) - basic and diluted	$	(12,083	)	$	(3,726	)	$	(22,972	)	$	8,100

Weighted average common shares outstanding:
Weighted average common shares outstanding – basic	32,347			32,023			32,259			31,905
Advisory services incentive fee shares	—			—			—			17
Weighted average common shares outstanding – diluted	32,347			32,023			32,259			31,922

Income (loss) per share - basic:
Net income (loss) allocated to common stockholders per share	$	(0.37	)	$	(0.12	)	$	(0.71	)	$	0.25
Income (loss) per share - diluted:
Net income (loss) allocated to common stockholders per share	$	(0.37	)	$	(0.12	)	$	(0.71	)	$	0.25

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 September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Net income (loss) allocated to common stockholders is not adjusted for:
Income (loss) allocated to unvested restricted shares	$	88		$	78		$	272		$	243
Income (loss) allocated to unvested performance stock units	74			72			224			216
Income (loss) attributable to redeemable noncontrolling interests in operating partnership	(1,465		)	(452		)	(2,770		)	1,075
Dividends on preferred stock - Series B	1,708			1,707			5,122			5,122
Total	$	405		$	1,405		$	2,848		$	6,656
Weighted average diluted shares are not adjusted for:
Effect of unvested restricted shares	19			81			53			57
Effect of unvested performance stock units	165			52			206			23
Effect of assumed conversion of operating partnership units	4,162			4,173			4,229			4,137
Effect of assumed conversion of preferred stock - Series B	6,569			6,569			6,569			6,569
Effect of advisory services incentive fee shares	73			32			73			—
Total	10,988			10,907			11,130			10,786