XML 67 R45.htm IDEA: XBRL DOCUMENT v3.7.0.1
Net Loss Per Share/Unit (Tables)
 3 Months Ended
Mar. 31, 2017
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 share computation for the General Partner for the three months ended March 31, 2017 and 2016 (dollar amounts in thousands):
 
 
Three Months Ended March 31,
 
 
2017

2016
Net income (loss) attributable to the General Partner
 
$
14,438

 
$
(113,086
)
Dividends to preferred shares and units
 
(17,973
)
 
(17,973
)
Net loss available to the General Partner
 
(3,535
)
 
(131,059
)
Earnings allocated to participating securities
 
(178
)
 
(125
)
Net loss available to common stockholders used in basic and diluted net loss per share
 
$
(3,713
)
 
$
(131,184
)
 
 
 
 
 
Weighted average number of common stock outstanding - basic and diluted
 
973,849,610

 
903,825,726

 
 
 
 
 
Basic and diluted net loss per share attributable to common stockholders

$
(0.00
)

$
(0.15
)
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 months ended March 31, 2017 and 2016 (dollar amounts in thousands):
 
 
Three Months Ended March 31,
 
 
2017
 
2016
Net income (loss) attributable to the Operating Partnership
 
$
14,797

 
$
(116,041
)
Dividends to preferred units
 
(17,973
)
 
(17,973
)
Net loss available to the Operating Partnership

(3,176
)
 
(134,014
)
Earnings allocated to participating units
 
(178
)
 
(125
)
Net loss available to common unitholders used in basic and diluted net loss per unit
 
$
(3,354
)
 
$
(134,139
)
 
 
 
 
 
Weighted average number of common units outstanding - basic and diluted
 
997,597,957

 
927,589,523

 
 
 
 
 
 Basic and diluted net loss per unit attributable to common unitholders

$
(0.00
)

$
(0.15
)