The following tables detail the number of shares and net income used to calculate basic and diluted earnings per share (in thousands, except share and per share amounts; results may not add due to rounding):



	Three-month periods ended June 30,
	2015						2014
	Basic			Diluted			Basic			Diluted
Numerator
Income from continuing operations	$	3,058		$	3,058		$	1,245		$	1,245
Net (income) loss from continuing operations attributable to non-controlling interests - LP units	(7		)	(7		)	5			5
Net loss attributable to non-controlling interest — partners' share of consolidated real estate ventures	5			5			24			24
Nonforfeitable dividends allocated to unvested restricted shareholders	(76		)	(76		)	(83		)	(83		)
Preferred share dividends	(1,725		)	(1,725		)	(1,725		)	(1,725		)
Income (loss) from continuing operations available to common shareholders	1,255			1,255			(534		)	(534		)
Income from discontinued operations	—			—			929			929
Discontinued operations attributable to non-controlling interests	—			—			(10		)	(10		)
Discontinued operations attributable to common shareholders	—			—			919			919
Net income attributable to common shareholders	$	1,255		$	1,255		$	385		$	385
Denominator
Weighted-average shares outstanding	179,860,284			179,860,284			157,037,348			157,037,348
Contingent securities/Share based compensation	—			678,603			—			—
Weighted-average shares outstanding	179,860,284			180,538,887			157,037,348			157,037,348
Earnings per Common Share:
Income from continuing operations attributable to common shareholders	$	0.01		$	0.01		$	—		$	—
Discontinued operations attributable to common shareholders	—			—			—			—
Net income attributable to common shareholders	$	0.01		$	0.01		$	—		$	—




	Six-month periods ended June 30,
	2015						2014
	Basic			Diluted			Basic			Diluted
Numerator
Income (loss) from continuing operations	$	11,652		$	11,652		$	(992	)	$	(992	)
Net (income) loss from continuing operations attributable to non-controlling interests - LP Units	(65		)	(65		)	49			49
Net loss attributable to non-controlling interest — partners' share of consolidated real estate ventures	5			5			12			12
Nonforfeitable dividends allocated to unvested restricted shareholders	(177		)	(177		)	(186		)	(186		)
Preferred share dividends	(3,450		)	(3,450		)	(3,450		)	(3,450		)
Income (loss) from continuing operations available to common shareholders	7,965			7,965			(4,567		)	(4,567		)
Income from discontinued operations	—			—			921			921
Discontinued operations attributable to non-controlling interests	—			—			(10		)	(10		)
Discontinued operations attributable to common shareholders	—			—			911			911
Net income (loss) attributable to common shareholders	$	7,965		$	7,965		$	(3,656	)	$	(3,656	)
Denominator
Weighted-average shares outstanding	179,712,428			179,712,428			156,916,356			156,916,356
Contingent securities/Share based compensation	—			886,837			—			—
Weighted-average shares outstanding	179,712,428			180,599,265			156,916,356			156,916,356
Earnings per Common Share:
Income (loss) from continuing operations attributable to common shareholders	$	0.04		$	0.04		$	(0.03	)	$	(0.03	)
Discontinued operations attributable to common shareholders	—			—			0.01			0.01
Net income (loss) attributable to common shareholders	$	0.04		$	0.04		$	(0.02	)	$	(0.02	)