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Net Income (Loss) Per Share/Unit (Tables)
 6 Months Ended
Jun. 30, 2019
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 six months ended June 30, 2019 and 2018 (dollar amounts in thousands):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019

2018
Income (loss) from continuing operations
 
$
292,284

 
$
(74,691
)
 
$
363,255

 
$
(45,655
)
Noncontrolling interests’ (income) loss from continuing operations
 
(6,626
)
 
1,802

 
(8,293
)
 
1,144

Net income (loss) from continuing operations attributable to the General Partner
 
285,658


(72,889
)

354,962

 
(44,511
)
Dividends to preferred shares and units
 
(17,973
)
 
(17,973
)
 
(35,946
)
 
(35,946
)
Net income (loss) from continuing operations available to the General Partner
 
267,685

 
(90,862
)
 
319,016

 
(80,457
)
Earnings allocated to participating securities
 
—

 
(11
)
 
—

 
(22
)
Income from discontinued operations, net of income taxes
 
—

 
224

 
—

 
3,725

Income from discontinued operations attributable to limited partners
 
—

 
(5
)
 
—

 
(89
)
Net income (loss) available to common stockholders used in basic net income (loss) per share
 
267,685


(90,654
)

319,016

 
(76,843
)
Income attributable to limited partners
 
6,656

 
—

 
8,351

 
—

Net income (loss) used in basic and diluted net income (loss) per share
 
$
274,341


$
(90,654
)

$
327,367

 
$
(76,843
)
 
 
 
 
 
 
 
 
 
Weighted average number of Common Stock outstanding - basic
 
973,723,139

 
968,192,162

 
971,106,256

 
970,398,002

Effect of Limited Partner OP Units and dilutive securities
 
26,054,596

 
—

 
25,636,664

 
—

Weighted average number of common shares - diluted
 
999,777,735


968,192,162


996,742,920


970,398,002

 
 
 
 
 
 
 
 
 
Basic and diluted net income (loss) per share from continuing operations attributable to common stockholders
 
$
0.27

 
$
(0.09
)
 
$
0.33

 
$
(0.08
)
Basic and diluted net income per share from discontinued operations attributable to common stockholders
 
$
—

 
$
0.00

 
$
—

 
$
0.00

Basic and diluted net income (loss) per share attributable to common stockholders
 
$
0.27

 
$
(0.09
)

$
0.33

 
$
(0.08
)

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, for the three and six months ended June 30, 2019 and 2018 (dollar amounts in thousands):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,

 
2019
 
2018
 
2019
 
2018
Income (loss) from continuing operations
 
$
292,284

 
$
(74,691
)
 
$
363,255

 
$
(45,655
)
Noncontrolling interests’ loss from continuing operations
 
30

 
16

 
58

 
56

Net income (loss) from continuing operations attributable to the Operating Partnership
 
292,314

 
(74,675
)
 
363,313

 
(45,599
)
Dividends to preferred units
 
(17,973
)
 
(17,973
)
 
(35,946
)
 
(35,946
)
Net income (loss) from continuing operations available to the Operating Partnership
 
274,341


(92,648
)

327,367

 
(81,545
)
Earnings allocated to participating units
 
—

 
(11
)
 
—

 
(22
)
Income from discontinued operations, net of income taxes
 
—

 
224

 
—

 
3,725

Net income (loss) used in basic and diluted net income (loss) per unit
 
$
274,341

 
$
(92,435
)
 
$
327,367

 
$
(77,842
)
 
 
 
 
 
 
 
 
 
Weighted average number of common units outstanding - basic
 
997,406,933

 
991,914,486

 
994,806,018

 
994,133,266

Effect of dilutive securities
 
2,370,802

 
—

 
1,936,902

 
—

Weighted average number of common units - diluted
 
999,777,735

 
991,914,486

 
996,742,920

 
994,133,266

 
 
 
 
 
 
 
 
 
Basic and diluted net income (loss) per unit from continuing operations attributable to common unitholders
 
$
0.27

 
$
(0.09
)
 
$
0.33

 
$
(0.08
)
Basic and diluted net income per unit from discontinued operations attributable to common unitholders
 
$
—

 
$
0.00

 
$
—

 
$
0.00

Basic and diluted net income (loss) per unit attributable to common unitholders
 
$
0.27


$
(0.09
)

$
0.33


$
(0.08
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following were excluded from diluted net income (loss) per share attributable to common stockholders, as the effect would have been antidilutive:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Weighted average unvested Restricted Shares and Restricted Stock Units
 
—

 
185,652

 
—

 
214,899

OP Units
 
—

 
23,722,325

 
—

 
23,735,264


The following were excluded from diluted net income (loss) per unit attributable to common unitholders, as the effect would have been antidilutive:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Weighted average unvested Restricted Shares and Restricted Stock Units
 
—

 
185,652

 
—

 
214,899