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Net Income (Loss) Per Share/Unit (Tables)
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Share
The following is a summary of the basic and diluted net loss per unit attributable to common unitholders, which includes all common general partner unitholders and limited partner unitholders. The computation for the OP for the three and nine months ended September 30, 2016 and 2015 (dollar amounts in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2016
 
2015
 
2016
 
2015
Net income (loss) attributable to the Operating Partnership
 
$
30,234

 
$
7,737

 
$
(82,578
)
 
$
(132,458
)
Dividends to preferred units
 
(17,973
)
 
(17,974
)
 
(53,919
)
 
(53,920
)
Net income (loss) available to the Operating Partnership
 
12,261


(10,237
)

(136,497
)
 
(186,378
)
Earnings allocated to participating units
 
(154
)
 
(217
)
 
(400
)
 
(222
)
Net Income (loss) attributable to common unitholders used in basic and diluted net income (loss) per unit
 
$
12,107

 
$
(10,454
)
 
$
(136,897
)
 
$
(186,600
)
 
 
 
 
 
 
 
 
 
Weighted average number of common units outstanding - basic
 
967,237,921

 
927,225,120

 
940,995,665

 
927,031,079

Effect of dilutive securities
 
1,448,622

 
—

 
—

 
—

Weighted average number of common units outstanding - diluted
 
968,686,543

 
927,225,120

 
940,995,665

 
927,031,079

 
 
 
 
 
 
 
 
 
 Basic and diluted net income (loss) per unit attributable to common unitholders
 
$
0.01


$
(0.01
)

$
(0.15
)

$
(0.20
)

The following is a summary of the basic and diluted net loss per share computation for the General Partner for the three and nine months ended September 30, 2016 and 2015 (dollar amounts in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2016
 
2015
 
2016

2015
Net income (loss) attributable to the General Partner
 
$
29,495

 
$
7,529

 
$
(80,445
)
 
$
(128,963
)
Dividends to preferred shares and units
 
(17,973
)
 
(17,974
)
 
(53,919
)
 
(53,920
)
Net income (loss) available to the General Partner
 
11,522

 
(10,445
)
 
(134,364
)
 
(182,883
)
Earnings allocated to participating securities
 
(154
)
 
(217
)
 
(400
)
 
(222
)
Income attributable to limited partners
 
739

 
—

 
—

 
—

Net Income (loss) attributable to common stockholders and limited partners used in basic and diluted net income (loss) per share
 
$
12,107

 
$
(10,662
)
 
$
(134,764
)
 
$
(183,105
)
 
 
 
 
 
 
 
 
 
Weighted average number of common stock outstanding - basic
 
943,480,170

 
903,461,323

 
917,233,898

 
903,267,282

Effect of Limited Partner OP Units and dilutive securities
 
25,206,373

 
—

 
—

 
—

Weighted average number of common stock outstanding - diluted
 
968,686,543

 
903,461,323

 
917,233,898

 
903,267,282

 
 
 
 
 
 
 
 
 
Basic and diluted net income (loss) per share attributable to common stockholders and limited partners
 
$
0.01


$
(0.01
)

$
(0.15
)

$
(0.20
)