Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Reconciliation of Net Income (Loss) and Number of Common Shares Used in Computations of "Basic" EPS and "Diluted" EPS

The following table provides a reconciliation of net income (loss) 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,
	2019			2018			2017
Numerators – Basic and Diluted
Net income (loss)	$	101,825		$	116,105		$	(243,132	)
Plus: (Income) loss attributable to non-controlling interests		(1,126	)		(1,671	)		1,447
Less:  Write-off of preferred share original issuance costs		(7,176	)		—			—
Less: Preferred dividends		(32,231	)		(33,531	)		(28,759	)
Less: Earnings attributable to unvested shares and OP Units		(687	)		(1,137	)		(989	)
Net income (loss) attributable to common shareholders after    allocation to participating securities	$	60,605		$	79,766		$	(271,433	)
Denominators – Number of Shares
Basic – Average shares outstanding		183,026			184,528			183,681
Assumed conversion of dilutive securities		228			7			—
Diluted – Average shares outstanding		183,254			184,535			183,681
Earnings (Loss) Per Share:
Basic	$	0.33		$	0.43		$	(1.48	)
Diluted	$	0.33		$	0.43		$	(1.48	)