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Income (Loss) Per Share/Unit
 3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Income (loss) Per Share/Unit
Loss Per Share/Unit

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

FelCor Loss Per Share
 
Three Months Ended
 
March 31,
 
2016
 
2015
Numerator:
 
 
 
Net income (loss) attributable to FelCor
$
(4,922
)
 
$
6,783

Discontinued operations attributable to FelCor
—

 
(4
)
Income (loss) from continuing operations attributable to FelCor
(4,922
)
 
6,779

Less: Preferred dividends
(6,279
)
 
(9,678
)
Less: Dividends declared on unvested restricted stock
(38
)
 
(13
)
Numerator for continuing operations attributable to FelCor common stockholders
(11,239
)
 
(2,912
)
Discontinued operations attributable to FelCor
—

 
4

Numerator for basic and diluted loss attributable to FelCor common stockholders
$
(11,239
)
 
$
(2,908
)
Denominator:
 
 
 
Denominator for basic and diluted loss per share
139,678

 
124,519

Basic and diluted loss per share data:
 
 
 
Loss from continuing operations
$
(0.08
)
 
$
(0.02
)
Net loss
$
(0.08
)
 
$
(0.02
)



7.
Loss Per Share/Unit — (continued)
FelCor LP Loss Per Unit
 
Three Months Ended
 
March 31,
 
2016
 
2015
Numerator:
 
 
 
Net income (loss) attributable to FelCor LP
$
(4,970
)
 
$
6,769

Discontinued operations attributable to FelCor LP
—

 
(4
)
Income (loss) from continuing operations attributable to FelCor LP
(4,970
)
 
6,765

Less: Preferred distributions
(6,279
)
 
(9,678
)
Less: Distributions declared on FelCor unvested restricted stock
(38
)
 
(13
)
Numerator for continuing operations attributable to FelCor LP common unitholders
(11,287
)
 
(2,926
)
Discontinued operations attributable to FelCor LP
—

 
4

Numerator for basic and diluted loss attributable to FelCor common unitholders
$
(11,287
)
 
$
(2,922
)
Denominator:
 
 
 
Denominator for basic and diluted loss per unit
140,289

 
125,130

Basic and diluted loss per unit data:
 
 
 
Loss from continuing operations
$
(0.08
)
 
$
(0.02
)
Net loss
$
(0.08
)
 
$
(0.02
)

We include the net gain (loss) on sale of hotels attributable to FelCor/FelCor LP in income (loss) from continuing operations attributable to FelCor/FelCor LP share/unit calculations.
We do not include the following securities because they would have been antidilutive for the periods presented (in thousands):
 
Three Months Ended
 
March 31,
 
2016
 
2015
Series A convertible preferred shares/units
9,984

 
 
9,984

FelCor restricted stock units
619

 
 
1,194



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 $6.3 million for the three months ended March 31, 2016 and 2015.

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 three to four years. A portion of the actual number of shares that vest is determined based on total stockholder return relative to a group of ten lodging REIT peers and a portion is related to service. 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.