| Reconciliation of the Numerator and Denominator Used in the Computation of Basic and Diluted Income Per Share |
The table below is a reconciliation of the numerator and denominator used in the computation of basic and diluted net income per share and unit computed using the two-class method (dollars in thousands): | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | 2018 | | 2017 | | 2018 | | 2017 | Basic and diluted income: | | | | | | | | Income (loss) from continuing operations | $ | 24,817 |
| | $ | 3,773 |
| | $ | 62,895 |
| | $ | (3,097 | ) | Less: income attributable to unvested restricted stock | (345 | ) | | (183 | ) | | (728 | ) | | (417 | ) | Less: dividends paid to preferred stockholders | (2,588 | ) | | — |
| | (5,176 | ) | | — |
| Income (loss) used in basic and diluted income (loss) per share from continuing operations | 21,884 |
| | 3,590 |
| | 56,991 |
| | (3,514 | ) | (Loss) income used in basic and diluted (loss) income per share from discontinued operations | (7,653 | ) | | 19,433 |
| | (15,013 | ) | | 39,132 |
| Net income attributable to common stockholders used in basic and diluted income per share | $ | 14,231 |
| | $ | 23,023 |
| | $ | 41,978 |
| | $ | 35,618 |
| | | | | | | | | Basic weighted average shares of common stock outstanding: | | | | | | | | Weighted average shares of common stock outstanding | 430,140,787 |
| | 480,251,922 |
| | 438,266,822 |
| | 481,992,408 |
| Less: Unvested weighted average shares of restricted stock | (2,006,547 | ) | | (1,149,654 | ) | | (1,808,234 | ) | | (1,147,357 | ) | Weighted average shares of common stock outstanding used in basic income per share | 428,134,240 |
| | 479,102,268 |
| | 436,458,588 |
| | 480,845,051 |
| Net income per share attributable to common stockholders - basic: | | | | | | | | Continuing operations | $ | 0.05 |
| | $ | 0.01 |
| | $ | 0.13 |
| | $ | (0.01 | ) | Discontinued operations | (0.02 | ) | | 0.04 |
| | (0.03 | ) | | 0.08 |
| Net income per share attributable to common stockholders - basic | $ | 0.03 |
| | $ | 0.05 |
| | $ | 0.10 |
| | $ | 0.07 |
| | | | | | | | | Dilutive weighted average shares of common stock outstanding: (1) | | | | | | | | Unvested performance shares | 884,694 |
| | — |
| | 557,563 |
| | — |
| Weighted average shares of common stock outstanding used in diluted income per share | 429,018,934 |
| | 479,102,268 |
| | 437,016,151 |
| | 480,845,051 |
| Net income per share attributable to common stockholders - diluted | | | | | | | | Continuing operations | $ | 0.05 |
| | $ | 0.01 |
| | $ | 0.13 |
| | $ | (0.01 | ) | Discontinued operations | (0.02 | ) | | 0.04 |
| | (0.03 | ) | | 0.08 |
| Net income per share attributable to common stockholders - diluted | $ | 0.03 |
| | $ | 0.05 |
| | $ | 0.10 |
| | $ | 0.07 |
| | | | | | | | | Potentially dilutive shares of common stock | | | | | | | | Unvested shares of restricted stock | 424,536 |
| | — |
| | 338,981 |
| | 48,491 |
| Total | 424,536 |
| | — |
| | 338,981 |
| | 48,491 |
|
(1) Assumes the most dilutive issuance of potentially issuable shares between the two-class and treasury stock method unless the result would be anti-dilutive. |