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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Basic and Diluted Earnings (Loss) per Share

The following table presents a reconciliation of basic and diluted earnings (loss) per share for the three-month and nine-month periods ended September 30, 2014 and 2013:

 

     For the Three-Month
Periods Ended September 30
    For the Nine-Month
Periods Ended September 30
 
     2014     2013     2014     2013  

Net income (loss)

   $ (16,462   $ (11,135   $ (42,895   $ (156,814

(Income) loss allocated to preferred shares

     (7,407     (6,024     (20,628     (16,831

(Income) loss allocated to noncontrolling interests

     603        53        20        130   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) allocable to common shares

   $ (23,266   $ (17,106   $ (63,503   $ (173,515
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted-average shares outstanding—Basic

     81,967,806        70,192,918        81,111,796        66,807,299   

Dilutive securities under the treasury stock method

     0        0        0        0   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted-average shares outstanding—Diluted

     81,967,806        70,192,918        81,111,796        66,807,299   
  

 

 

   

 

 

   

 

 

   

 

 

 

Earnings (loss) per share—Basic:

        

Earnings (loss) per share—Basic

   $ (0.28   $ (0.24   $ (0.78   $ (2.60
  

 

 

   

 

 

   

 

 

   

 

 

 

Earnings (loss) per share—Diluted:

        

Earnings (loss) per share—Diluted

   $ (0.28   $ (0.24   $ (0.78   $ (2.60