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Net Income (Loss) Per Common Unit
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Unit
NET INCOME (LOSS) PER COMMON UNIT

The following data was used in computing net income (loss) per common unit shown in the Company's Consolidated Statements of Operations:
 
Three Months Ended March 31,
 
2015
 
2014
Net income (loss) from continuing operations
$
18,807

 
$
(14,357
)
Net loss from continuing operations attributable to noncontrolling interests in consolidated entities
3,584

 
70

Net income (loss) from continuing operations attributable to common unit holders
22,391

 
(14,287
)
Income from discontinued operations
86,971

 
2,811

Net income from discontinued operations attributable to noncontrolling interests in consolidated entities
(30,931
)
 
(1,230
)
Net income from discontinued operations attributable to common unit holders
56,040

 
1,581

Net income (loss) attributable to common unitholders
$
78,431

 
$
(12,706
)
Net income (loss) per common unit - basic:
 
 
 
Net income (loss) from continuing operations
$
0.81

 
$
(0.46
)
Net income from discontinued operations
2.03

 
0.05

Net income (loss) attributable to common unitholders
$
2.84

 
$
(0.41
)
Net income (loss) per common unit – diluted:
 
 
 
Net income (loss) from continuing operations
$
0.80

 
$
(0.46
)
Net income from discontinued operations
2.00

 
0.05

Net income (loss) attributable to common unitholders
$
2.80

 
$
(0.41
)
Weighted average common units outstanding - basic
27,658,494

 
30,803,229

 Incentive units
389,321

 

Unvested restricted units
22,073

 

Denominator for net income per common unit - diluted (a)
28,069,888

 
30,803,229


(a) For the three months ended March 31, 2014 the diluted per unit calculation was based on the basic weighted average units only since the impact of 32,063 incentive units and 22,423 unvested restricted stock units would have been anti-dilutive.