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Income (loss) Per Share/Unit
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Income (loss) Per Share/Unit
Income (Loss) Per Share/Unit

The following tables set forth the computation of basic and diluted income (loss) per share/unit (in thousands, except per share/unit data):

FelCor Income (Loss) Per Share
 
Year Ended December 31,
 
2016
 
2015
 
2014
Numerator:
 
 
 
 
 
Net income (loss) attributable to FelCor
$
3,498

 
$
(8,865
)
 
$
92,099

Discontinued operations attributable to FelCor
3,118

 
(674
)
 
359

Income (loss) from continuing operations attributable to FelCor
6,616

 
(9,539
)
 
92,458

Less: Preferred dividends
(25,115
)
 
(30,138
)
 
(38,712
)
Less: Redemption of preferred stock
—

 
(6,096
)
 
—

Less: Dividends declared on unvested restricted stock
(129
)
 
(56
)
 
(8
)
Less: Undistributed earnings allocated to unvested restricted stock
—

 
—

 
(20
)
Numerator for continuing operations attributable to FelCor common stockholders
(18,628
)
 
(45,829
)
 
53,718

Discontinued operations attributable to FelCor
(3,118
)
 
674

 
(359
)
Numerator for basic and diluted income (loss) attributable to FelCor common stockholders
$
(21,746
)
 
$
(45,155
)
 
$
53,359

Denominator:
 
 
 
 
 
Denominator for basic income (loss) per share
138,128

 
137,730

 
124,158

FelCor restricted stock units, less shares assumed purchased at market
—

 
—

 
734

Denominator for diluted income (loss) per share
138,128

 
137,730

 
124,892

Basic and diluted income (loss) per share data:
 
 
 
 
 
Income (loss) from continuing operations
$
(0.13
)
 
$
(0.33
)
 
$
0.43

Discontinued operations
$
(0.02
)
 
$
—

 
$
—

Net income (loss)
$
(0.16
)
 
$
(0.33
)
 
$
0.43



17.    Income (Loss) Per Share/Unit — (continued)

FelCor LP Income (Loss) Per Unit

 
Year Ended December 31,
 
2016
 
2015
 
2014
Numerator:
 
 
 
 
 
Net income (loss) attributable to FelCor LP
$
3,405

 
$
(9,059
)
 
$
92,236

Discontinued operations attributable to FelCor LP
3,131

 
(677
)
 
360

Income (loss) from continuing operations attributable to FelCor LP
6,536

 
(9,736
)
 
92,596

Less: Preferred distributions
(25,115
)
 
(30,138
)
 
(38,712
)
Less: Redemption of preferred units
—

 
(6,096
)
 
—

Less: Distributions declared on FelCor unvested restricted stock
(129
)
 
(56
)
 
(8
)
Less: Undistributed earnings allocated to FelCor unvested restricted stock
—

 
—

 
(20
)
Numerator for continuing operations attributable to FelCor LP common unitholders
(18,708
)
 
(46,026
)
 
53,856

Discontinued operations attributable to FelCor LP
(3,131
)
 
677

 
(360
)
Numerator for basic and diluted income (loss) attributable to FelCor LP common unitholders
$
(21,839
)
 
$
(45,349
)
 
$
53,496

Denominator:
 
 
 
 
 
Denominator for basic income (loss) per unit
138,739

 
138,341

 
124,772

FelCor restricted stock units, less shares assumed purchased at market
—

 
—

 
739

Denominator for diluted income (loss) per unit
138,739

 
138,341

 
125,511

Basic and diluted income (loss) per unit data:
 
 
 
 
 
Income (loss) from continuing operations
$
(0.13
)
 
$
(0.33
)
 
$
0.43

Discontinued operations
$
(0.02
)
 
$
—

 
$
—

Net income (loss)
$
(0.16
)
 
$
(0.33
)
 
$
0.43



The income (loss) from continuing operations attributable to FelCor/FelCor LP share/unit in the above calculations includes the net gain on sale of hotels attributable to FelCor/FelCor LP.


17.    Income (Loss) Per Share/Unit — (continued)

Securities that could potentially dilute earnings per share/unit in the future that were not included in the computation of diluted income (loss) per share/unit, because they would have been antidilutive for the periods presented, are as follows (unaudited, in thousands):

 
 
Year Ended December 31,
 
 
2016
 
2015
 
2014
Series A convertible preferred shares/units
 
9,984

 
9,984

 
9,984

FelCor restricted stock units, less shares assumed purchased at the market
 
155

 
488

 
—



Series A preferred dividends (distributions) that would be excluded from net income (loss) attributable to FelCor common stockholders (or FelCor LP common unitholders), if these preferred shares/units were dilutive, were $25.1 million for all periods presented.

We grant our executive officers restricted stock units each year, which provides them with the potential to earn shares of our common stock. We amortize the fixed cost of these grants over the vesting period. We calculate the potential dilutive impact of these awards on our earnings per share using the treasury stock method.