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Net Loss Per Share (As Restated)
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Net Loss Per Share (As Restated)

Note 21 — Net Loss Per Share (As Restated)

The following is a summary of the basic and diluted net loss per share computation for the years ended December 31, 2013, 2012 and 2011 (amounts in thousands, expect for shares and per share data):

 

    Year Ended December 31,  
    2013     2012     2011  
    (As Restated)     (As Restated)    

 

  

Net loss from continuing operations attributable to stockholders

   $ (491,466 )    $ (40,961 )    $ (3,883 ) 

Net income (loss) from discontinued operations attributable to common stockholders

     (33 )      (691 )      (816 ) 
 

 

 

    

 

 

    

 

 

  

Net loss attributable to common stockholders

   (491,499 )    (41,652 )    (4,699 ) 

Less: dividends declared on preferred shares and RSUs

   (3,631 )    (368 )    —     
 

 

 

    

 

 

    

 

 

  

Net loss attributable to common stockholders, net of dividends on preferred securities and RSUS

 $ (495,130 )  $ (42,020 )  $ (4,699 ) 
 

 

 

    

 

 

    

 

 

  

Weighted average common shares outstanding (1)

   205,341,431      103,306,366      3,720,351   
 

 

 

    

 

 

    

 

 

  

Basic and diluted net loss per share from attributable to common stockholders

 $ (2.41 )  $ (0.40 )  $ (1.04 ) 
 

 

 

    

 

 

    

 

 

  

Basic and diluted net loss per share from discontinued operations attributable to common stockholders

   (0.00 )  $ (0.01 )  $ (0.22 ) 
 

 

 

    

 

 

    

 

 

  

Basic and diluted net loss per share attributable to common stockholders

 $ (2.41 )  $ (0.41 )  $ (1.26 ) 
 

 

 

    

 

 

    

 

 

  

 

(1) Weighted-average shares for the year ended December 31, 2013 are adjusted as if the acquisition of all outstanding shares of ARCT III common stock for cash in conjunction with the ARCT III Merger had been completed at inception.

For the year ended December 31, 2013, the Company excluded 9,591,173 OP Units outstanding, which are convertible to an equal number of shares of the Company’s common stock, all LTIP Units, 950,317 shares of unvested restricted stock outstanding and 21,735,008 shares of the Company’s Series D Convertible Preferred Stock outstanding as of December 31, 2013 from the calculation of diluted net loss per share as the effect would have been antidilutive.