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Net Income (Loss) Per Share/Unit (Tables)
12 Months Ended
Dec. 31, 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 unit attributable to common unitholders, which includes all common General Partner unitholders and limited partner unitholders, for the years ended December 31, 2019, 2018 and 2017 (dollar amounts in thousands):
 
 
Year Ended December 31,

 
2019
 
2018
 
2017
(Loss) income from continuing operations
 
$
(307,106
)
 
$
(91,725
)
 
$
51,495

Noncontrolling interests’ loss from continuing operations
 
102

 
154

 
194

Net (loss) income from continuing operations attributable to the Operating Partnership
 
(307,004
)
 
(91,571
)
 
$
51,689

Dividends to preferred units
 
(68,488
)
 
(71,892
)
 
(71,892
)
Net loss from continuing operations available to the Operating Partnership

(375,492
)
 
(163,463
)
 
(20,203
)
Earnings allocated to participating units
 

 
(42
)
 
(491
)
Income (loss) from discontinued operations, net of income taxes
 

 
3,695

 
(19,117
)
Net loss used in basic and diluted net loss per unit
 
$
(375,492
)
 
$
(159,810
)
 
$
(39,811
)
 
 
 
 
 
 
 
Weighted average number of common units outstanding - basic and diluted
 
1,016,120,483

 
992,817,774

 
997,846,999

 
 
 
 
 
 
 
Basic and diluted net loss per unit from continuing operations attributable to common unitholders
 
$
(0.37
)
 
$
(0.17
)
 
$
(0.02
)
Basic and diluted net income (loss) per unit from discontinued operations attributable to common unitholders
 
$

 
$
0.00

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

$
(0.37
)

$
(0.16
)
 
$
(0.04
)

_______________________________________________
(1)
Amounts may not total due to rounding.
The following is a summary of the basic and diluted net loss per share computation for the General Partner for the years ended December 31, 2019, 2018 and 2017 (dollar amounts in thousands):
 
 
Year Ended December 31,
 
 
2019

2018
 
2017
(Loss) income from continuing operations
 
$
(307,106
)
 
$
(91,725
)
 
$
51,495

Noncontrolling interests’ loss (income) from continuing operations
 
6,753

 
2,344

 
(1,005
)
Net (loss) income from continuing operations attributable to the General Partner
 
(300,353
)
 
(89,381
)
 
50,490

Dividends to preferred shares and units
 
(68,488
)
 
(71,892
)
 
(71,892
)
Net loss from continuing operations available to the General Partner
 
(368,841
)
 
(161,273
)
 
(21,402
)
Earnings allocated to participating securities
 

 
(42
)
 
(491
)
Income (loss) from discontinued operations, net of income taxes
 

 
3,695

 
(19,117
)
(Income) loss from discontinued operations attributable to limited partners
 

 
(88
)
 
445

Net loss used in basic and diluted net loss per share
 
$
(368,841
)
 
$
(157,708
)
 
$
(40,565
)
 
 
 
 
 
 
 
Weighted average number of Common Stock outstanding - basic and diluted
 
998,139,969

 
969,092,268

 
974,098,652

 
 
 
 
 
 
 
Basic and diluted net loss per share from continuing operations attributable to common stockholders
 
$
(0.37
)
 
$
(0.17
)
 
$
(0.02
)
Basic and diluted net income (loss) per share from discontinued operations attributable to common stockholders
 
$

 
$
0.00

 
$
(0.02
)
Basic and diluted net loss per share attributable to common stockholders (1)
 
$
(0.37
)
 
$
(0.16
)
 
$
(0.04
)

_______________________________________________
(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 unit attributable to common unitholders, as the effect would have been antidilutive:
 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Weighted average unvested Restricted Shares and Restricted Stock Units (1)
 
1,594,049

 
420,369

 
310,965

Weighted average stock options (1)
 
520,258

 

 

_______________________________________________
(1)
Net of assumed repurchases in accordance with the treasury stock method.
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,
 
 
2019
 
2018
 
2017
Weighted average unvested Restricted Shares and Restricted Stock Units (1)
 
1,594,049

 
420,369

 
310,965

Weighted average stock options (1)
 
520,258

 

 

Weighted average Limited Partner OP Units
 
17,980,514

 
23,725,506

 
23,748,347

_______________________________________________
(1)
Net of assumed repurchases in accordance with the treasury stock method.