EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Basic and Diluted Earnings (Loss) per Share

The following table presents a reconciliation of basic and diluted earnings (loss) per share for the three months ended March 31, 2016 and 2015:

	For the Three Months Ended March 31,
	2016			2015
Net income (loss)	$	(10,503	)	$	266
(Income) loss allocated to preferred shares		(8,520	)		(7,859	)
(Income) loss allocated to noncontrolling interests		1,179			496
Net income (loss) allocable to common shares	$	(17,844	)	$	(7,097	)
Weighted-average shares outstanding—Basic		91,018,160			82,081,024
Dilutive securities		—			—
Weighted-average shares outstanding—Diluted		91,018,160			82,081,024
Earnings (loss) per share—Basic:
Earnings (loss) per share—Basic	$	(0.20	)	$	(0.09	)
Earnings (loss) per share—Diluted:
Earnings (loss) per share—Diluted	$	(0.20	)	$	(0.09	)