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Net Income (Loss) Per Share/Unit (Tables)
 9 Months Ended
Sep. 30, 2018
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 share computation for the General Partner for the three and nine months ended September 30, 2018 and 2017 (dollar amounts in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2018
 
2017
 
2018

2017
(Loss) income from continuing operations
 
$
(73,942
)
 
$
12,489

 
$
(119,597
)
 
$
53,974

Noncontrolling interests’ share in continuing operations
 
1,825

 
(305
)
 
2,969

 
(1,259
)
Net (loss) income from continuing operations attributable to the General Partner
 
(72,117
)

12,184


(116,628
)
 
52,715

Dividends to preferred shares and units
 
(17,973
)
 
(17,973
)
 
(53,919
)
 
(53,919
)
Net loss from continuing operations available to the General Partner
 
(90,090
)
 
(5,789
)
 
(170,547
)
 
(1,204
)
Earnings allocated to participating securities
 
(11
)
 
(43
)
 
(33
)
 
(434
)
Income from discontinued operations, net of income taxes
 
—

 
4,005

 
3,725

 
11,496

Income from discontinued operations attributable to limited partners
 
—

 
(95
)
 
(89
)
 
(271
)
Net (loss) income available to common stockholders used in basic net (loss) income per share
 
(90,101
)

(1,922
)

(166,944
)
 
9,587

Income attributable to limited partners
 
—

 
—

 
—

 
1,542

Net (loss) income available to common stockholders used in diluted net (loss) income per share
 
$
(90,101
)

$
(1,922
)

$
(166,944
)
 
$
11,129

 
 
 
 
 
 
 
 
 
Weighted average number of common stock outstanding - basic
 
967,798,401

 
974,167,088

 
969,521,946

 
974,060,160

Effect of Limited Partner OP Units and dilutive securities
 
—

 
—

 
—

 
24,025,813

Weighted average number of common shares - diluted
 
967,798,401


974,167,088


969,521,946


998,085,973

 
 
 
 
 
 
 
 
 
Basic and diluted net (loss) income per share from continuing operations attributable to common stockholders
 
$
(0.09
)
 
$
(0.01
)
 
$
(0.18
)
 
$
(0.00
)
Basic and diluted net income per share from discontinued operations attributable to common stockholders
 
$
—

 
$
0.00

 
$
0.00

 
$
0.01

Basic and diluted net (loss) income per share attributable to common stockholders (1)
 
$
(0.09
)
 
$
(0.00
)

$
(0.17
)
 
$
0.01


_______________________________________________
(1)
Amounts may not total due to rounding.
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, 2018 and 2017 (dollar amounts in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,

 
2018
 
2017
 
2018
 
2017
(Loss) income from continuing operations
 
$
(73,942
)
 
$
12,489

 
$
(119,597
)
 
$
53,974

Noncontrolling interests’ share in continuing operations
 
57

 
(9
)
 
113

 
12

Net (loss) income from continuing operations attributable to the Operating Partnership
 
$
(73,885
)
 
$
12,480

 
$
(119,484
)
 
$
53,986

Dividends to preferred units
 
(17,973
)
 
(17,973
)
 
(53,919
)
 
(53,919
)
Net (loss) income from continuing operations available to the Operating Partnership
 
(91,858
)

(5,493
)

(173,403
)
 
67

Earnings allocated to participating units
 
(11
)
 
(43
)
 
(33
)
 
(434
)
Income from discontinued operations, net of income taxes
 
—

 
4,005

 
3,725

 
11,496

Net (loss) income available to common unitholders used in basic and diluted net loss per unit
 
$
(91,869
)
 
$
(1,531
)
 
$
(169,711
)
 
$
11,129

 
 
 
 
 
 
 
 
 
Weighted average number of common units outstanding - basic
 
991,514,309

 
997,915,435

 
993,250,687

 
997,808,507

Effect of dilutive securities
 
—

 
—

 
—

 
277,466

Weighted average number of common units - diluted
 
991,514,309

 
997,915,435

 
993,250,687

 
998,085,973

 
 
 
 
 
 
 
 
 
Basic and diluted net (loss) income per unit from continuing operations attributable to common unitholders
 
$
(0.09
)
 
$
(0.01
)
 
$
(0.18
)
 
$
(0.00
)
Basic and diluted net income per unit from discontinued operations attributable to common unitholders
 
$
—

 
$
0.00

 
$
0.00

 
$
0.01

Basic and diluted net (loss) income per unit attributable to common unitholders (1)
 
$
(0.09
)

$
(0.00
)

$
(0.17
)

$
0.01


_______________________________________________
(1)
Amounts may not total due to rounding.