EARNINGS (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2016 and 2015:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2016			2015			2016			2015
Net income (loss)	$	26,405		$	26,441		$	15,902		$	26,707
(Income) loss allocated to preferred shares		(8,615	)		(8,221	)		(17,135	)		(16,080	)
(Income) loss allocated to noncontrolling interests		(25,370	)		736			(24,191	)		1,232
Net income (loss) allocable to common shares		(7,580	)		18,956			(25,424	)		11,859
Plus: Impact of assumed conversions		—			617			—			—
Net income (loss) allocable to common shares plus assumed conversions	$	(7,580	)	$	19,573		$	(25,424	)	$	11,859
Weighted-average shares outstanding—Basic		91,190,583			82,150,475			91,104,314			82,115,941
Dilutive securities		—			7,117,987			—			2,018,099
Weighted-average shares outstanding—Diluted		91,190,583			89,268,462			91,104,314			84,134,040
Earnings (loss) per share—Basic:
Earnings (loss) per share—Basic	$	(0.08	)	$	0.23		$	(0.28	)	$	0.14
Earnings (loss) per share—Diluted:
Earnings (loss) per share—Diluted	$	(0.08	)	$	0.22		$	(0.28	)	$	0.14