Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

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

The following table provides a reconciliation of net (loss) income 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).  

	Three Months						Six Months
	Ended June 30,						Ended June 30,
	2020			2019			2020			2019
Numerators – Basic and Diluted
Net (loss) income	$	(4,403	)	$	17,537		$	30,225		$	53,632
Income attributable to non-controlling interests		(210	)		(260	)		(505	)		(565	)
Preferred dividends		(5,133	)		(8,383	)		(10,266	)		(16,766	)
Earnings attributable to unvested shares and operating    partnership units		—			(175	)		(149	)		(346	)
Net (loss) income attributable to common shareholders after    allocation to participating securities	$	(9,746	)	$	8,719		$	19,305		$	35,955
Denominators – Number of Shares
Basic—Average shares outstanding		193,170			180,551			193,448			180,548
Assumed conversion of diluted securities		—			658			—			826
Diluted—Average shares outstanding		193,170			181,209			193,448			181,374
(Loss) Earnings Per Share:
Basic	$	(0.05	)	$	0.05		$	0.10		$	0.20
Diluted	$	(0.05	)	$	0.05		$	0.10		$	0.20