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Net Income (Loss) Per Share/Unit (Tables)
9 Months Ended
Sep. 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 loss per share computation for the General Partner for the three and nine months ended September 30, 2019 and 2018 (dollar amounts in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019

2018
Loss from continuing operations
 
$
(741,529
)
 
$
(73,942
)
 
$
(378,274
)
 
$
(119,597
)
Noncontrolling interests’ loss from continuing operations
 
15,089

 
1,825

 
6,796

 
2,969

Net loss from continuing operations attributable to the General Partner
 
(726,440
)

(72,117
)

(371,478
)
 
(116,628
)
Dividends to preferred shares and units
 
(16,578
)
 
(17,973
)
 
(52,524
)
 
(53,919
)
Net loss from continuing operations available to the General Partner
 
(743,018
)
 
(90,090
)
 
(424,002
)
 
(170,547
)
Earnings allocated to participating securities
 

 
(11
)
 

 
(33
)
Income from discontinued operations, net of income taxes
 

 

 

 
3,725

Income from discontinued operations attributable to limited partners
 

 

 

 
(89
)
Net loss used in basic and diluted net loss per share
 
$
(743,018
)

$
(90,101
)

$
(424,002
)
 
$
(166,944
)
 
 
 
 
 
 
 
 
 
Weighted average number of Common Stock outstanding - basic and diluted
 
978,982,729

 
967,798,401

 
973,760,599

 
969,521,946

 
 
 
 
 
 
 
 
 
Basic and diluted net loss per share from continuing operations attributable to common stockholders
 
$
(0.76
)
 
$
(0.09
)
 
$
(0.43
)
 
$
(0.18
)
Basic and diluted net income per share from discontinued operations attributable to common stockholders
 
$

 
$

 
$

 
$
0.00

Basic and diluted net loss per share attributable to common stockholders (1)
 
$
(0.76
)
 
$
(0.09
)

$
(0.43
)
 
$
(0.17
)

_______________________________________________
(1)
Amounts may not total due to rounding.
The following is a summary of the basic and diluted net loss per unit attributable to common unitholders, which includes all common General Partner unitholders and limited partner unitholders, for the three and nine months ended September 30, 2019 and 2018 (dollar amounts in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,

 
2019
 
2018
 
2019
 
2018
Loss from continuing operations
 
$
(741,529
)
 
$
(73,942
)
 
$
(378,274
)
 
$
(119,597
)
Noncontrolling interests’ loss from continuing operations
 
25

 
57

 
83

 
113

Net loss from continuing operations attributable to the Operating Partnership
 
(741,504
)
 
(73,885
)
 
(378,191
)
 
(119,484
)
Dividends to preferred units
 
(16,578
)
 
(17,973
)
 
(52,524
)
 
(53,919
)
Net loss from continuing operations available to the Operating Partnership
 
(758,082
)

(91,858
)

(430,715
)
 
(173,403
)
Earnings allocated to participating units
 

 
(11
)
 

 
(33
)
Income from discontinued operations, net of income taxes
 

 

 

 
3,725

Net loss used in basic and diluted net loss per unit
 
$
(758,082
)
 
$
(91,869
)
 
$
(430,715
)
 
$
(169,711
)
 
 
 
 
 
 
 
 
 
Weighted average number of common units outstanding - basic and diluted
 
999,776,192

 
991,514,309

 
996,480,948

 
993,250,687

 
 
 
 
 
 
 
 
 
Basic and diluted net loss per unit from continuing operations attributable to common unitholders
 
$
(0.76
)
 
$
(0.09
)
 
$
(0.43
)
 
$
(0.18
)
Basic and diluted net income per unit from discontinued operations attributable to common unitholders
 
$

 
$

 
$

 
$
0.00

Basic and diluted net loss per unit attributable to common unitholders (1)
 
$
(0.76
)

$
(0.09
)

$
(0.43
)

$
(0.17
)

_______________________________________________
(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:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Weighted average unvested Restricted Shares and Restricted Stock Units (1)
 
2,350,536

 
354,882

 
1,782,311

 
165,353

Weighted average stock options (1)
 
772,924

 
54,827

 
433,849

 

Limited Partner OP Units
 
20,793,463

 
23,715,908

 
22,720,350

 
23,728,741

The following were excluded from diluted net loss per unit attributable to common unitholders, as the effect would have been antidilutive:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Weighted average unvested Restricted Shares and Restricted Stock Units (1)
 
2,350,536

 
354,882

 
1,782,311

 
165,353

Weighted average stock options (1)
 
772,924

 
54,827

 
433,849