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Net Income (Loss) Per Share/Unit (Tables)
 6 Months Ended
Jun. 30, 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 income (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 six months ended June 30, 2017 and 2016 (dollar amounts in thousands):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2017
 
2016
 
2017
 
2016
Net income (loss) attributable to the Operating Partnership
 
$
34,200

 
$
3,229

 
$
48,997

 
$
(112,812
)
Dividends to preferred units
 
(17,973
)
 
(17,973
)
 
(35,946
)
 
(35,946
)
Net income (loss) available to the Operating Partnership
 
16,227


(14,744
)

13,051

 
(148,758
)
Earnings allocated to participating units
 
(212
)
 
(210
)
 
(391
)
 
(335
)
Net income (loss) available to common unitholders used in basic and diluted net loss per unit
 
$
16,015

 
$
(14,954
)
 
$
12,660

 
$
(149,093
)
 
 
 
 
 
 
 
 
 
Weighted average number of common units outstanding - basic
 
997,908,642

 
927,871,175

 
997,754,158

 
927,730,349

Effect of dilutive securities
 
184,868

 
—

 
271,056

 
—

Weighted average number of common units outstanding - diluted
 
998,093,510

 
927,871,175

 
998,025,214

 
927,730,349

 Basic and diluted net income (loss) per unit attributable to common unitholders
 
$
0.02


$
(0.02
)

$
0.01


$
(0.16
)
The following is a summary of the basic and diluted net income (loss) per share computation for the General Partner for the three and six months ended June 30, 2017 and 2016 (dollar amounts in thousands):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2017
 
2016
 
2017

2016
Net income (loss) attributable to the General Partner
 
$
33,408

 
$
3,146

 
$
47,846

 
$
(109,940
)
Dividends to preferred shares and units
 
(17,973
)
 
(17,973
)
 
(35,946
)
 
(35,946
)
Net income (loss) available to the General Partner
 
15,435

 
(14,827
)
 
11,900

 
(145,886
)
Earnings allocated to participating securities
 
(212
)
 
(210
)
 
(391
)
 
(335
)
Income attributable to limited partners
 
792

 
—

 
1,151

 
—

Net income (loss) available to common stockholders used in basic and diluted net loss per share
 
$
16,015

 
$
(15,037
)
 
$
12,660

 
$
(146,221
)
 
 
 
 
 
 
 
 
 
Weighted average number of common stock outstanding - basic
 
974,160,295

 
904,107,378

 
974,005,811

 
903,966,552

Effect of Limited Partner OP Units and dilutive securities
 
23,933,215

 
—

 
24,019,403

 
—

Weighted average number of common stock outstanding - diluted
 
998,093,510

 
904,107,378

 
998,025,214

 
903,966,552

 
 
 
 
 
 
 
 
 
Basic and diluted net income (loss) per share attributable to common stockholders
 
$
0.02


$
(0.02
)

$
0.01


$
(0.16
)