oss) Per Share/Unit

The following tables set forth the computation of basic and diluted income (loss) per share/unit (in thousands, except per share/unit data):

FelCor Income (Loss) Per Share



	Year Ended December 31,
	2014			2013			2012
Numerator:
Net income (loss) attributable to FelCor	$	92,099		$	(61,504	)	$	(128,007	)
Discontinued operations attributable to FelCor	359			(16,963		)	(57,515		)
Income (loss) from continuing operations attributable to FelCor	92,458			(78,467		)	(185,522		)
Less: Preferred dividends	(38,712		)	(38,713		)	(38,713		)
Less: Dividends declared on unvested restricted stock	(8		)	—			—
Less: Undistributed earnings allocated to unvested restricted stock	(20		)	—			—
Numerator for continuing operations attributable to FelCor common stockholders	53,718			(117,180		)	(224,235		)
Discontinued operations attributable to FelCor	(359		)	16,963			57,515
Numerator for basic and diluted income (loss) attributable to FelCor common stockholders	$	53,359		$	(100,217	)	$	(166,720	)
Denominator:
Denominator for basic income (loss) per share	124,158			123,818			123,634
Denominator for diluted income (loss) per share	124,892			123,818			123,634
Basic and diluted income (loss) per share data:
Income (loss) from continuing operations	$	0.43		$	(0.95	)	$	(1.81	)
Discontinued operations	$	—		$	0.14		$	0.47
Net income (loss)	$	0.43		$	(0.81	)	$	(1.35	)

18. Income (Loss) Per Share/Unit — (continued)

FelCor LP Income (Loss) Per Unit



	Year Ended December 31,
	2014			2013			2012
Numerator:
Net income (loss) attributable to FelCor LP	$	92,236		$	(62,001	)	$	(128,849	)
Discontinued operations attributable to FelCor LP	360			(17,047		)	(57,804		)
Income (loss) from continuing operations attributable to FelCor LP	92,596			(79,048		)	(186,653		)
Less: Preferred distributions	(38,712		)	(38,713		)	(38,713		)
Less: Distributions declared on FelCor unvested restricted stock	(8		)	—			—
Less: Undistributed earnings allocated to FelCor unvested restricted stock	(20		)	—			—
Numerator for continuing operations attributable to FelCor LP common unitholders	53,856			(117,761		)	(225,366		)
Discontinued operations attributable to FelCor LP	(360		)	17,047			57,804
Numerator for basic and diluted income (loss) attributable to FelCor LP common unitholders	$	53,496		$	(100,714	)	$	(167,562	)
Denominator:
Denominator for basic income (loss) per unit	124,772			124,437			124,262
Denominator for diluted income (loss) per unit	125,511			124,437			124,262
Basic and diluted income (loss) per unit data:
Income (loss) from continuing operations	$	0.43		$	(0.95	)	$	(1.81	)
Discontinued operations	$	—		$	0.14		$	0.47
Net income (loss)	$	0.43		$	(0.81	)	$	(1.35	)

The income (loss) from continuing operations attributable to FelCor/FelCor LP share/unit calculations includes the net gain on sale of hotels attributable to FelCor/FelCor LP.

18. Income (Loss) Per Share/Unit — (continued)

Securities that could potentially dilute earnings per share/unit in the future that were not included in the computation of diluted income (loss) per share/unit, because they would have been antidilutive for the periods presented, are as follows (unaudited, in thousands):



	Year Ended December 31,
	2014	2013	2012
Series A convertible preferred shares/units	9,984	9,985	9,985
FelCor restricted stock units	—	547	—

Series A preferred dividends (distributions) that would be excluded from net income (loss) attributable to FelCor common stockholders (or FelCor LP common unitholders), if these preferred shares/units were dilutive, were $25.1 million for all periods presented.

We grant our executive officers restricted stock units each year, which provides them with the potential to earn shares of our common stock in three increments over four years. The actual number of shares that vest is determined based on total stockholder return relative to a group of 10 lodging REIT peers. We amortize the fixed cost of these grants over the vesting period. We calculate the potential dilutive impact of these awards on our earnings per share using the treasury stock method.