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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three and six months ended June 30, 2020 and 2019:

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(6,009,000

)

 

$

5,544,000

 

 

$

(8,107,000

)

 

$

8,533,000

 

Preferred stock dividends

 

 

(2,688,000

)

 

 

(2,688,000

)

 

 

(5,376,000

)

 

 

(5,376,000

)

Net (income) attributable to noncontrolling interests

 

 

(88,000

)

 

 

(161,000

)

 

 

(236,000

)

 

 

(268,000

)

Net earnings allocated to unvested shares

 

 

(28,000

)

 

 

(138,000

)

 

 

(182,000

)

 

 

(282,000

)

Net (loss) income attributable to vested common shares

 

$

(8,813,000

)

 

$

2,557,000

 

 

$

(13,901,000

)

 

$

2,607,000

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of vested common shares outstanding, basic and diluted

 

 

86,509,000

 

 

 

86,260,000

 

 

 

86,439,000

 

 

 

86,420,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income per common share attributable to common shareholders, basic and diluted

 

$

(0.10

)

 

$

0.03

 

 

$

(0.16

)

 

$

0.03