XML 118 R27.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Earnings/(Loss) Per Share | 6 Months Ended
--- | ---
Jun. 30, 2012
Earnings Per Share [Abstract] |
EARNINGS/(LOSS) PER SHARE | EARNINGS/(LOSS) PER SHARE Basic and diluted income/(loss) per common share are computed based upon the weighted average number of common shares outstanding during the periods as the effect of adding stock options and other common stock equivalents such as the non-vested restricted stock awards is anti-dilutive. The following table sets forth the computation of basic and diluted earnings/(loss) per share for the periods presented (amounts in thousands, except per share data):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2012 |  | 2011 |  | 2012 |  | 2011
Numerator for earnings per share — basic and diluted: |  |  |  |  |  |  |
Net income/(loss) attributable to common stockholders | $ | 145,721 |  |  | $ | 12,149 |  |  | $ | 226,569 |  |  | $ | (18,094 | )
Denominator for earnings per share — basic and diluted: |  |  |  |  |  |  |
Weighted average common shares outstanding | 234,657 |  |  | 191,758 |  |  | 228,697 |  |  | 187,832 |
Non-vested restricted stock awards | (626 | ) |  | (1,279 | ) |  | (931 | ) |  | (1,305 | )
Denominator for basic and diluted earnings per share | 234,031 |  |  | 190,479 |  |  | 227,766 |  |  | 186,527 |
Net income/(loss) attributable to common stockholders - basic and diluted | $ | 0.62 |  |  | $ | 0.06 |  |  | $ | 0.99 |  |  | $ | (0.10 | )
The effect of the conversion of the OP Units, convertible preferred stock, convertible debt, stock options and restricted stock is not dilutive and is therefore not included in the above calculations as the Company reported a loss from continuing operations attributable to common stockholders. If the OP Units were converted to common stock, the additional weighted average common shares outstanding for the three and six months ended June 30, 2012 and 2011 would be 9,416,843 and 9,419,070 and 7,630,342 and 6,353,248, respectively. If the convertible preferred stock were converted to common stock, the additional shares of common stock outstanding for the three and six months ended June 30, 2012 and 2011 would be 3,035,548 weighted average common shares. If the stock options and unvested restricted stock were converted to common stock, the additional weighted average common shares outstanding using the treasury stock method would be a 1,348,466 and 1,328,336 and 2,043,257 and 1,997,222 weighted average common shares for the three and six months ended June 30, 2012 and 2011, respectively.

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1252-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=6945512&loc=d3e4984-109258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1278-109256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration