Beneficiaries Equity of the Parent Company (Tables)

12 Months Ended

Dec. 31, 2017

Equity [Abstract]

Earnings Per Share (EPS), Basic and Diluted

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):

	Year ended December 31,
	2017						2016						2015
	Basic			Diluted			Basic			Diluted			Basic			Diluted
Numerator
Net income (loss)	$	121,859		$	121,859		$	40,501		$	40,501		$	(30,740	)	$	(30,740	)
Net (income) loss attributable to noncontrolling interests		(1,009	)		(1,009	)		(310	)		(310	)		339			339
Nonforfeitable dividends allocated to unvested restricted shareholders		(327	)		(327	)		(341	)		(341	)		(329	)		(329	)
Preferred share dividends		(2,032	)		(2,032	)		(6,900	)		(6,900	)		(6,900	)		(6,900	)
Preferred share redemption charge		(3,181	)		(3,181	)		-			-			-			-
Net income (loss) attributable to common shareholders	$	115,310		$	115,310		$	32,950		$	32,950		$	(37,630	)	$	(37,630	)
Denominator
Weighted-average shares outstanding		175,484,350			175,484,350			175,018,163			175,018,163			178,162,160			178,162,160
Contingent securities/Share based compensation		-			1,323,816			-			992,651			-			-
Weighted-average shares outstanding		175,484,350			176,808,166			175,018,163			176,010,814			178,162,160			178,162,160
Earnings (loss) per Common Share:
Net income (loss) attributable to common shareholders	$	0.66		$	0.65		$	0.19		$	0.19		$	(0.21	)	$	(0.21	)