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Net Income (Loss) Per Share/Unit (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2017 and 2016 (dollar amounts in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
Net income (loss) attributable to the Operating Partnership
 
$
16,485

 
$
30,234

 
$
65,482

 
$
(82,578
)
Dividends to preferred units
 
(17,973
)
 
(17,973
)
 
(53,919
)
 
(53,919
)
Net (loss) income available to the Operating Partnership
 
(1,488
)

12,261


11,563

 
(136,497
)
Earnings allocated to participating units
 
(43
)
 
(154
)
 
(434
)
 
(400
)
Net (loss) income available to common unitholders used in basic and diluted net loss per unit
 
$
(1,531
)
 
$
12,107

 
$
11,129

 
$
(136,897
)
 
 
 
 
 
 
 
 
 
Weighted average number of common units outstanding - basic
 
997,915,435

 
967,237,921

 
997,808,507

 
940,995,665

Effect of dilutive securities
 
—

 
1,448,622

 
277,466

 
—

Weighted average number of common units outstanding - diluted
 
997,915,435

 
968,686,543

 
998,085,973

 
940,995,665

 Basic and diluted net (loss) income per unit attributable to common unitholders
 
$
(0.00
)

$
0.01


$
0.01


$
(0.15
)
The following is a summary of the basic and diluted net income (loss) per share computation for the General Partner for the three and nine months ended September 30, 2017 and 2016 (dollar amounts in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017

2016
Net income (loss) attributable to the General Partner
 
$
16,094

 
$
29,495

 
$
63,940

 
$
(80,445
)
Dividends to preferred shares and units
 
(17,973
)
 
(17,973
)
 
(53,919
)
 
(53,919
)
Net (loss) income available to the General Partner
 
(1,879
)
 
11,522

 
10,021

 
(134,364
)
Earnings allocated to participating securities
 
(43
)
 
(154
)
 
(434
)
 
(400
)
Income attributable to limited partners
 
—

 
739

 
1,542

 
—

Net (loss) income available to common stockholders used in basic and diluted net loss per share
 
$
(1,922
)
 
$
12,107

 
$
11,129

 
$
(134,764
)
 
 
 
 
 
 
 
 
 
Weighted average number of common stock outstanding - basic
 
974,167,088

 
943,480,170

 
974,060,160

 
917,233,898

Effect of Limited Partner OP Units and dilutive securities
 
—

 
25,206,373

 
24,025,813

 
—

Weighted average number of common stock outstanding - diluted
 
974,167,088

 
968,686,543

 
998,085,973

 
917,233,898

 
 
 
 
 
 
 
 
 
Basic and diluted net (loss) income per share attributable to common stockholders
 
$
(0.00
)

$
0.01


$
0.01


$
(0.15
)