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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Schedule of earnings per share, basic and diluted
The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three months ended March 31, 2016 and 2015:
 
Three Months Ended March 31,
 
2016
 
2015
 Computation of Basic Earnings Per Share:
 
 
 
 Net income
$
61,549

 
$
31,136

 Income attributable to non-controlling interests
(1,072
)
 
(713
)
 Non-forfeitable dividends on unvested restricted shares
(15
)
 
(4
)
 Net income attributable to the Company’s common stockholders for basic earnings per share
$
60,462

 
$
30,419

 
 
 
 
 Weighted average number shares outstanding - basic
299,180

 
296,189

 
 
 
 
 Basic Earnings Per Share Attributable to the Company’s Common Stockholders:
 
 
 
 Net income
$
0.20

 
$
0.10

 
 
 
 
 Computation of Diluted Earnings Per Share:
 
 
 
 Net income attributable to the Company’s common stockholders for diluted earnings per share
$
60,462

 
$
30,419

 
 
 
 
 Weighted average shares outstanding - basic
299,180

 
296,189

 Effect of dilutive securities:
 
 
 
    Equity awards
199

 
1,526

 Weighted average shares outstanding - diluted (1)
299,379

 
297,715

 
 
 
 
 Diluted Earnings Per Share Attributable to the Company’s Common Stockholders:
 
 
 
 Net income
$
0.20

 
$
0.10


(1) 
For the three months ended March 31, 2016 and 2015, the weighted average number of vested OP Units outstanding was 5.3 million and 6.9 million, respectively and was not dilutive.