The following table provides a reconciliation of net (loss) income from continuing operations and the number of common shares used in the computations of “basic” earnings per share (“EPS”), which utilizes the weighted-average number of common shares outstanding without regard to dilutive potential common shares, and “diluted” EPS, which includes all such shares (in thousands, except per share amounts):

	For the Year Ended December 31,
	2016			2015			2014
Numerators – Basic and Diluted
Continuing Operations:
(Loss) income from continuing operations	$	(12,187	)	$	(237,881	)	$	21,107
Plus: Gain on disposition of real estate		73,386			167,571			3,060
Plus: (Income) loss attributable to non-controlling interests		(1,187	)		(1,858	)		2,356
Less: Write-off of preferred share original issuance costs		—			—			(1,943	)
Less: Preferred dividends		(22,375	)		(22,375	)		(24,054	)
Less: Earnings attributable to unvested shares and OP Units		(786	)		(1,286	)		(1,684	)
Income (loss) from continuing operations		36,851			(95,829	)		(1,158	)
Discontinued Operations:
Income from discontinued operations		—			—			89,398
Plus: Loss attributable to non-controlling interests		—			—			1,361
Net income (loss) attributable to common shareholders after allocation to participating securities	$	36,851		$	(95,829	)	$	89,601
Denominators – Number of Shares
Basic—Average shares outstanding		365,294			360,946			358,122
Effect of dilutive securities—Stock options		267			—			—
Diluted—Average shares outstanding		365,561			360,946			358,122

Basic Earnings Per Share:
Income (loss) from continuing operations attributable to common shareholders	$	0.10		$	(0.27	)	$	0.00
Income from discontinued operations attributable to common shareholders		—			—			0.25
Net income (loss) attributable to common shareholders	$	0.10		$	(0.27	)	$	0.25
Diluted Earnings Per Share:
Income (loss) from continuing operations attributable to common shareholders	$	0.10		$	(0.27	)	$	0.00
Income from discontinued operations attributable to common shareholders		—			—			0.25
Net income (loss) attributable to common shareholders	$	0.10		$	(0.27	)	$	0.25