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Earnings/(Loss) Per Share
 3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
EARNINGS/(LOSS) PER SHARE
EARNINGS/(LOSS) PER SHARE
Basic and diluted (loss)/income 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 (loss)/earnings per share for the periods presented (amounts in thousands, except per share data):
 
Three Months Ended March 31,
 
2013
 
2012
Numerator for earnings per share — basic and diluted:
 
 
 
Net (loss)/income attributable to common stockholders
$
(1,199
)
 
$
80,848

Denominator for earnings per share — basic and diluted:
 
 
 
Weighted average common shares outstanding
250,500

 
222,737

Non-vested restricted stock awards
(583
)
 
(1,237
)
Denominator for basic and diluted earnings per share
249,917

 
221,500

Net(loss)/income attributable to common stockholders
$
0.00

 
$
0.37


The effect of the conversion of the OP Units, convertible preferred stock, 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.

The following table sets forth the additional shares of Common Stock outstanding by equity instrument if converted to Common Stock for each of the three months ended March 31, 2013 and 2012:

 
 
Three Months Ended March 31,
 
 
2013
 
2012
OP Units
 
9,381,025

 
9,421,302

Preferred Stock
 
3,035,548

 
3,035,548

Stock options and unvested restricted stock
 
1,293,358

 
1,958,716