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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Data [Abstract]  
Quarterly Financial Data [Text Block]
16. Quarterly Financial Data (unaudited)
Summarized quarterly financial data for the years ended December 31, 2017 and 2016, is as follows:
 
(in thousands, except per share amounts)
First
 
Second
 
Third
 
Fourth
 
Total (a)
2017:
 
 
 
 
 
 
 
 
 
Revenues
$
219,521

 
$
223,370

 
$
228,178

 
$
229,827

 
$
900,896

Net income attributable to common shareholders
34,861

 
39,188

 
34,384

 
87,989

 
196,422

Net income attributable to common shareholders per share – basic
0.39

 
0.43

 
0.38

(b)
0.92

(c)
2.14

Net income attributable to common shareholders per share – diluted
0.39

 
0.43

 
0.38

(b)
0.91

(c)
2.13

2016:
 
 
 
 
 
 
 
 
 
Revenues
$
217,595

 
$
221,478

 
$
220,235

 
$
217,139

 
$
876,447

Net income attributable to common shareholders
41,730

 
446,302

 
290,898

 
40,893

 
819,823

Net income attributable to common shareholders per share – basic
0.46

 
4.94

(d)
3.23

(e)
0.45

 
9.08

Net income attributable to common shareholders per share – diluted
0.46

 
4.92

(d)
3.21

(e)
0.45

 
9.05

(a)
Net income per share is computed independently for each of the quarters presented. Therefore, the sum of quarterly net income per share amounts may not equal the total computed for the year.
(b)
Includes a $4,987, or $0.05 basic and diluted per share, impact related to expenses due to Hurricanes Harvey and Irma.
(c)
Includes a $43,231, or $0.46 basic and $0.45 diluted per share, impact related to a gain on sale of one operating property.
(d)
Includes a $32,235, or $0.36 basic and diluted per share, impact related to a gain on sale of one operating property.
(e)
Includes a $262,719, or $2.93 basic and $2.92 diluted per share, impact related to a gain on sale of one dual-phased operating property and five other operating properties.