Note 1 - Interim Financial Statements (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three Months Ended March 31 ,
	201 6			201 5
Computation of Basic Earnings Per Share:
Income from continuing operations	$	115,258		$	280,759
Gain on sale of operating properties, net of tax		26,896			32,055
Net income attributable to noncontrolling interests		(1,441	)		(2,397	)
Preferred stock dividends		(11,555	)		(14,573	)
Income from continuing operations available to the common shareholders		129,158			295,844
Earnings attributable to participating securities		(629	)		(1,341	)
Income from continuing operations attributable to common shareholders		128,529			294,503
Loss from discontinued operations attributable to the Company		-			(75	)
Net income attributable to the Company’s common shareholders for basic earnings per share	$	128,529		$	294,428
Weighted average common shares outstanding – basic		412,630			410,433

Basic Earnings Per Share Attributable to the Company’s Common Shareholders:
Income from continuing operations	$	0.31		$	0.72
Loss from discontinued operations		-			-
Net income	$	0.31		$	0.72

Computation of Diluted Earnings Per Share:
Income from continuing operations attributable to common shareholders	$	128,529		$	294,503
Loss from discontinued operations attributable to the Company		-			(75	)
Distributions on convertible units		13			817
Net income attributable to the Company’s common shareholders for diluted earnings per share	$	128,542		$	295,245
Weighted average common shares outstanding – basic		412,630			410,433
Effect of dilutive securities (a):
Equity awards		1,453			3,393
Assumed conversion of convertible units		62			1,570
Shares for diluted earnings per common share		414,145			415,396

Diluted Earnings Per Share Attributable to the Company’s Common Shareholders:
Income from continuing operations	$	0.31		$	0.71
Loss from discontinued operations		-			-
Net income attributable to the Company	$	0.31		$	0.71