Net Income Per Common Share

3 Months Ended

Mar. 31, 2016

14.Net Income per Common Share

Basic net income per common share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted net income per common share is computed by dividing net income available to common stockholders, plus income attributable to dilutive shares and convertible common units, for the period by the weighted average number of common shares that would have been outstanding assuming the issuance of common shares for all potentially dilutive common shares outstanding during the reporting period.

The following is a reconciliation of the denominator of the basic net income per common share computation to the denominator of the diluted net income per common share computation.

	Three months ended
	March 31,
	2016	2015
Weighted average shares used for the basic net income

per share computation	250,173,815	225,346,407

Incremental shares from share-based compensation	207,186	162,425

Weighted average partnership common units convertible
to common shares that were dilutive	317,022	317,022

Weighted average shares used for diluted net
income per share computation	250,698,023	225,825,854

Unvested shares from share-based compensation that
were anti-dilutive	400	111,338

Weighted average partnership common units convertible

to common shares that were anti-dilutive	330,045	440,546