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Net Income (Loss) Per Share/Unit (Tables)
12 Months Ended
Dec. 31, 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 (loss) income per unit attributable to common unitholders, which includes all common General Partner unitholders and limited partner unitholders, for the years ended December 31, 2018, 2017 and 2016 (dollar amounts in thousands):
 
 
Year Ended December 31,

 
2018
 
2017
 
2016
(Loss) income from continuing operations
 
$
(91,725
)
 
$
51,495

 
$
(76,887
)
Noncontrolling interests’ share in continuing operations
 
154

 
194

 
14

Net (loss) income from continuing operations attributable to the Operating Partnership
 
$
(91,571
)
 
$
51,689

 
$
(76,873
)
Dividends to preferred units
 
(71,892
)
 
(71,892
)
 
(71,892
)
Net loss from continuing operations available to the Operating Partnership
 
(163,463
)
 
(20,203
)
 
(148,765
)
Earnings allocated to participating units
 
(42
)
 
(491
)
 
(492
)
Income (loss) from discontinued operations, net of income taxes
 
3,695

 
(19,117
)
 
(123,937
)
Net loss available to common unitholders used in basic and diluted net loss per unit
 
$
(159,810
)
 
$
(39,811
)
 
$
(273,194
)
 
 
 
 
 
 
 
Weighted average number of common units outstanding - basic
 
992,817,774

 
997,846,999

 
955,181,238

 
 
 
 
 
 
 
Basic and diluted net loss per unit from continuing operations attributable to common unitholders
 
$
(0.17
)
 
$
(0.02
)
 
$
(0.16
)
Basic and diluted net income (loss) per unit from discontinued operations attributable to common unitholders
 
$
0.00

 
$
(0.02
)
 
$
(0.13
)
Basic and diluted net loss per unit attributable to common unitholders (1)
 
$
(0.16
)

$
(0.04
)
 
$
(0.29
)

_______________________________________________
(1)
Amounts may not total due to rounding.
The following is a summary of the basic and diluted net (loss) income per share computation for the General Partner for the years ended December 31, 2018, 2017 and 2016 (dollar amounts in thousands):
 
 
Year Ended December 31,
 
 
2018

2017
 
2016
(Loss) income from continuing operations
 
$
(91,725
)
 
$
51,495

 
$
(76,887
)
Noncontrolling interests’ share in continuing operations
 
2,344

 
(1,005
)
 
1,908

Net (loss) income from continuing operations attributable to the General Partner
 
(89,381
)
 
50,490

 
(74,979
)
Dividends to preferred shares and units
 
(71,892
)
 
(71,892
)
 
(71,892
)
Net loss from continuing operations available to the General Partner
 
(161,273
)
 
(21,402
)
 
(146,871
)
Earnings allocated to participating securities
 
(42
)
 
(491
)
 
(492
)
Income (loss) from discontinued operations, net of income taxes
 
3,695

 
(19,117
)
 
(123,937
)
(Income) loss from discontinued operations attributable to limited partners
 
(88
)
 
445

 
3,053

Net loss available to common stockholders used in basic and diluted net loss per share
 
$
(157,708
)
 
$
(40,565
)
 
$
(268,247
)
 
 
 
 
 
 
 
Weighted average number of Common Stock outstanding - basic and diluted
 
969,092,268

 
974,098,652

 
931,422,844

 
 
 
 
 
 
 
Basic and diluted net loss per share from continuing operations attributable to common stockholders
 
$
(0.17
)
 
$
(0.02
)
 
$
(0.16
)
Basic and diluted net income (loss) per share from discontinued operations attributable to common stockholders
 
$
0.00

 
$
(0.02
)
 
$
(0.13
)
Basic and diluted net loss per share attributable to common stockholders (1)
 
$
(0.16
)
 
$
(0.04
)
 
$
(0.29
)

_______________________________________________
(1)
Amounts may not total due to rounding.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following were excluded from diluted net loss per share attributable to common stockholders, as the effect would have been antidilutive:
 
 
Year Ended December 31,
 
 
2018
 
2017
 
2016
Weighted average unvested Restricted Shares and Restricted Stock Units (1)
 
420,369

 
310,965

 
868,252

Weighted average Stock Options (2)
 

 

 

OP Units
 
23,725,506

 
23,748,347

 
23,763,797

___________________________________
(1)
Net of assumed repurchases in accordance with the treasury stock method of 2.0 million for the year ended year ended December 31, 2018 and 1.6 million for each of the years ended December 31, 2017 and 2016.
(2)
Net of assumed repurchases in accordance with the treasury stock method of 2.4 million for the year ended December 31, 2018.
The following were excluded from diluted net loss per unit attributable to common unitholders, as the effect would have been antidilutive:
 
 
Year Ended December 31,
 
 
2018
 
2017
 
2016
Weighted average unvested Restricted Shares and Restricted Stock Units (1)
 
420,369

 
310,965

 
868,252

Weighted average Stock Options (2)
 

 

 

___________________________________
(1)
Net of assumed repurchases in accordance with the treasury stock method of 2.0 million for the year ended year ended December 31, 2018 and 1.6 million for each of the years ended December 31, 2017 and 2016.
(2)
Net of assumed repurchases in accordance with the treasury stock method of 2.4 million shares for the year ended December 31, 2018.