Earnings Per Common Share

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Earnings Per Common Share

Earnings Per Common Share

As of September 30, 2014, we had 4,915,497 series D preferred shares outstanding that were convertible into 2,363,248 of our common shares.  The effect of our convertible preferred shares on income from continuing operations attributable to the Company’s common shareholders per share is anti-dilutive for all periods presented except for the three months ended September 30, 2014.

During the nine months ended September 30, 2014, the holders of 10,264,503 series D preferred shares converted their series D preferred shares into 10,412,499 of our common shares.  The issuance of such common shares as a result of this exercise had a dilutive effect on income from continuing operations attributable to Equity Commonwealth common shareholders per share for the three and nine months ended September 30, 2014.