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Earnings per Share ("EPS"): (Tables)
6 Months Ended
Jun. 30, 2012
Earnings per Share ("EPS"):  
Reconciliation of numerator and denominator used in computation of earnings per share

 

 

 
  For the Three Months
Ended June 30,
  For the Six Months
Ended June 30,
 
 
  2012   2011   2012   2011  

Numerator

                         

Income from continuing operations

  $ 14,905   $ 19,605   $ 63,109   $ 25,131  

Income (loss) from discontinued operations

    129,638     (40,516 )   69,710     (45,951 )

Net (income) loss attributable to noncontrolling interests

    (11,189 )   1,695     (13,533 )   1,638  
                   

Net income (loss) attributable to the Company

    133,354     (19,216 )   119,286     (19,182 )

Allocation of earnings to participating securities

    (115 )   (289 )   (380 )   (831 )
                   

Numerator for basic and diluted earnings per share—net income (loss) available to common stockholders

  $ 133,239   $ (19,505 ) $ 118,906   $ (20,013 )
                   

Denominator

                         

Denominator for basic earnings per share—weighted average number of common shares outstanding

    132,768     131,691     132,520     131,136  

Effect of dilutive securities:(1)

                         

Stock warrants

    68         84      

Share and unit-based compensation plans

    41         7      
                   

Denominator for diluted earnings per share—weighted average number of common shares outstanding

    132,877     131,691     132,611     131,136  
                   

Earnings per common share—basic:

                         

Income from continuing operations

  $ 0.10   $ 0.13   $ 0.42   $ 0.17  

Discontinued operations

    0.90     (0.28 )   0.48     (0.32 )
                   

Net income (loss) available to common stockholders

  $ 1.00   $ (0.15 ) $ 0.90   $ (0.15 )
                   

Earnings per common share—diluted:

                         

Income from continuing operations

  $ 0.10   $ 0.13   $ 0.42   $ 0.17  

Discontinued operations

    0.90     (0.28 )   0.48     (0.32 )
                   

Net income (loss) available to common stockholders

  $ 1.00   $ (0.15 ) $ 0.90   $ (0.15 )
                   

(1)
The Senior Notes (See Note 11—Bank and Other Notes Payable) are excluded from diluted EPS for the three and six months ended June 30, 2012 and 2011 as their impact was antidilutive.

Diluted EPS excludes 198,745 and 203,693 convertible non-participating preferred units for the three and six months ended June 30, 2012, respectively, and 208,640 convertible non-participating preferred units for the three and six months ended June 30, 2011 as their impact was antidilutive.

Diluted EPS excludes 1,154,221 of unexercised stock appreciation rights ("SARs") for the six months ended June 30, 2012, and excludes 1,125,172 of unexercised SARs for the three and six months ended June 30, 2011, as their impact was antidilutive.

Diluted EPS excludes 122,500 of unexercised stock options for the three and six months ended June 30, 2011 as their impact was antidilutive.

Diluted EPS excludes 935,358 of unexercised stock warrants for the three and six months ended June 30, 2011 as their impact was antidilutive.

Diluted EPS excludes 11,262,293 and 11,448,084 of Operating Partnership units ("OP Units") for the three months ended June 30, 2012 and 2011, respectively, and 11,220,562 and 11,674,114 of OP Units for the six months ended June 30, 2012 and 2011, respectively, as their impact was antidilutive.