Earnings per Share ("EPS"): (Tables)

9 Months Ended

Sep. 30, 2012

Reconciliation of numerator and denominator used in computation of earnings per share

The following table reconciles the numerator and denominator used in the computation of earnings per share for the three and nine months ended September 30, 2012 and 2011 (shares in thousands):

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,

	2012			2011			2012			2011
Numerator
Income from continuing operations	$	47,538		$	18,812		$	110,647		$	43,943
(Loss) income from discontinued operations		(263	)		(4,556	)		69,447			(50,508	)
Net (income) loss attributable to noncontrolling interests		(3,382	)		(1,315	)		(16,915	)		324

Net income (loss) attributable to the Company		43,893			12,941			163,179			(6,241	)
Allocation of earnings to participating securities		(63	)		(288	)		(443	)		(1,119	)

Numerator for basic and diluted earnings per share—net income (loss) available to common stockholders	$	43,830		$	12,653		$	162,736		$	(7,360	)

Denominator
Denominator for basic earnings per share—weighted average number of common shares outstanding		134,220			132,096			133,091			131,459
Effect of dilutive securities:(1)
Stock warrants		64			—			78			—
Share and unit-based compensation plans		46			—			18			—

Denominator for diluted earnings per share—weighted average number of common shares outstanding		134,330			132,096			133,187			131,459

Earnings per common share—basic:
Income from continuing operations	$	0.33		$	0.13		$	0.74		$	0.29
Discontinued operations		—			(0.03	)		0.48			(0.35	)

Net income (loss) available to common stockholders	$	0.33		$	0.10		$	1.22		$	(0.06	)

Earnings per common share—diluted:
Income from continuing operations	$	0.33		$	0.13		$	0.74		$	0.29
Discontinued operations		—			(0.03	)		0.48			(0.35	)

Net income (loss) available to common stockholders	$	0.33		$	0.10		$	1.22		$	(0.06	)

(1): The convertible senior notes ("Senior Notes") are excluded from diluted EPS for the three and nine months ended September 30, 2012 and 2011 as their impact was antidilutive. The Senior Notes were paid off in full in March 2012 (See Note 11—Bank and Other Notes Payable).
: Diluted EPS excludes 184,304 and 197,183 convertible non-participating preferred units for the three and nine months ended September 30, 2012, respectively, and 208,640 convertible non-participating preferred units for the three and nine months ended September 30, 2011 as their impact was antidilutive.

: Diluted EPS excludes 1,191,854 and 1,209,978 of unexercised stock appreciation rights ("SARs") for the three and nine months ended September 30, 2011, respectively, as their impact was antidilutive.
: Diluted EPS excludes 94,919 and 119,712 of unexercised stock options for the three and nine months ended September 30, 2011, respectively, as their impact was antidilutive.
: Diluted EPS excludes 935,358 of unexercised stock warrants for the three and nine months ended September 30, 2011 as their impact was antidilutive.
: Diluted EPS excludes 10,769,552 and 11,055,013 of Operating Partnership units ("OP Units") for the three months ended September 30, 2012 and 2011, respectively, and 11,069,129 and 11,465,479 of OP Units for the nine months ended September 30, 2012 and 2011, respectively, as their impact was antidilutive.