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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Calculated Basic and Diluted Earnings Per Share
The following table illustrates the earnings allocation method utilized in the calculation of basic and diluted earnings per share.
 
 
Three Months Ended
March 31,
(in thousands, except per-share amounts)
 
2013
 
2012
Earnings per share numerator:
 
 
 
 
Net income attributable to common shareholders before allocation of earnings to participating securities
 
$
67,835

 
$
66,547

Earnings allocated to participating securities
 
61

 
0

Net income attributable to common shareholders after allocation of earnings to participating securities
 
$
67,774

 
$
66,547

Earnings per share denominator:
 
 
 
 
Weighted-average number of shares of common stock outstanding - basic and diluted
 
13,376

 
13,405

Earnings per share - basic and diluted
 
$
5.07

 
$
4.96