The following table sets forth the computation of basic and diluted earnings per share (amounts in thousands except per share amounts):



	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
Numerator for earnings per common share - basic:
Income from continuing operations	$	30,466		$	156,523		$	56,712		$	179,936
Preferred distributions	(6,981		)	(6,981		)	(20,943		)	(25,114		)
Excess fair value of consideration over carrying vale of preferred shares	—			—			—			(16,205		)
Income from continuing operations attributable to Equity Commonwealth common shareholders	23,485			149,542			35,769			138,617
Discontinued operations	—			217			—			2,637
Numerator for net income per share - basic	$	23,485		$	149,759		$	35,769		$	141,254

Numerator for earnings per common share - diluted:
Income from continuing operations attributable to Equity Commonwealth common shareholders	23,485			149,542			35,769			138,617
Addition of Series D preferred distributions	—			1,998			—			—
Diluted income from continuing operations attributable to Equity Commonwealth common shareholders	23,485			151,540			35,769			138,617
Discontinued operations	—			217			—			2,637
Numerator for net income per share - diluted	23,485			151,757			35,769			141,254

Denominator for earnings per common share - basic and diluted:
Weighted average number of common shares outstanding - basic	128,739			128,880			129,386			123,736
Weighted average number of common shares outstanding - diluted(1)	129,878			131,243			130,093			123,736

Earnings per share - basic:
Income from continuing operations attributable to Equity Commonwealth common shareholders	$	0.18		$	1.16		$	0.28		$	1.12
Discontinued operations	—			—			—			0.02
Net income per share - basic	$	0.18		$	1.16		$	0.28		$	1.14

Earnings per share - diluted:
Income from continuing operations attributable to Equity Commonwealth common shareholders	$	0.18		$	1.16		$	0.27		$	1.12
Discontinued operations	—			—			—			0.02
Net income per share - diluted	$	0.18		$	1.16		$	0.27		$	1.14

Anti-dilutive securities:
Effect of Series D preferred shares; 6 1/2% cumulative convertible(2)	2,363			—			2,363			4,786

(1)

As of September 30, 2015, we had granted RSUs to certain employees, officers, and the chairman of the Board of Trustees. The RSUs contain both service and market-based vesting components. None of the RSUs have vested. If the market-based vesting component was measured as of September 30, 2015, 1,139 common shares would be issued to the RSU holders, and no shares would have been issued for the other periods presented. Using a weighted average basis, 1,139 and 707 common shares are reflected in diluted earnings per share for the three and nine months ended September 30, 2015, respectively.


(2)	The Series D preferred shares are excluded from the diluted earnings per share calculation because including the Series D preferred shares would also require that the preferred distributions be added back to net income, resulting in anti-dilution during the periods presented.