XML 66 R45.htm IDEA: XBRL DOCUMENT v3.6.0.2
EARNINGS (LOSS) PER SHARE (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings (Loss) Per Share

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

 

 

 

For the Years Ended December 31

 

 

 

2016

 

 

2015

 

 

2014

 

Income (loss) from continuing operations

 

$

(37,879

)

 

$

28,593

 

 

$

(292,830

)

(Income) loss allocated to preferred shares

 

 

(35,160

)

 

 

(32,830

)

 

 

(28,993

)

(Income) loss allocated to noncontrolling interests

 

 

3,435

 

 

 

2,235

 

 

 

2,115

 

Income (loss) from continuing operations allocable to common shares

 

 

(69,604

)

 

 

(2,002

)

 

 

(319,708

)

Total income (loss) from discontinued operations

 

 

87,952

 

 

 

34,900

 

 

 

2,855

 

(Income) loss from discontinued operations allocated to noncontrolling interests

 

 

(28,168

)

 

 

(25,740

)

 

 

(1,651

)

Income (loss) from discontinued operations allocable to common shares

 

 

59,784

 

 

 

9,160

 

 

 

1,204

 

Net income (loss) allocable to common shares

 

$

(9,820

)

 

$

7,158

 

 

$

(318,504

)

Weighted-average shares outstanding—Basic

 

 

91,153,861

 

 

 

85,524,073

 

 

 

81,328,129

 

Dilutive securities under the treasury stock method

 

 

 

 

 

933,798

 

 

 

 

Weighted-average shares outstanding—Diluted

 

 

91,153,861

 

 

 

86,457,871

 

 

 

81,328,129

 

Earnings (loss) per share—Basic:

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.77

)

 

$

(0.03

)

 

$

(3.93

)

Discontinued operations

 

0.66

 

 

 

0.11

 

 

 

0.01

 

Earnings (loss) per share—Basic

 

$

(0.11

)

 

$

0.08

 

 

$

(3.92

)

Earnings (loss) per share—Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.77

)

 

$

(0.03

)

 

$

(3.93

)

Discontinued operations

 

0.66

 

 

 

0.11

 

 

 

0.01

 

Earnings (loss) per share—Diluted

 

$

(0.11

)

 

$

0.08

 

 

$

(3.92

)