The following table reconciles the numerator and denominator used in the computation of earnings per share for the years ended December 31 (shares in thousands):



	2013			2012			2011
Numerator
Income from continuing operations	$	159,023		$	303,166		$	239,442
Income (loss) from discontinued operations	289,936			63,223			(70,367		)
Net income attributable to noncontrolling interests	(28,869		)	(28,963		)	(12,209		)
Net income attributable to the Company	420,090			337,426			156,866
Allocation of earnings to participating securities	(397		)	(577		)	(1,436		)
Numerator for basic and diluted earnings per share—net income attributable to common stockholders	$	419,693		$	336,849		$	155,430
Denominator
Denominator for basic earnings per share—weighted average number of common shares outstanding	139,598			134,067			131,628
Effect of dilutive securities (1)
Stock warrants	—			63			—
Share and unit based compensation	82			18			—
Denominator for diluted earnings per share—weighted average number of common shares outstanding	139,680			134,148			131,628
Earnings per common share—basic:
Income from continuing operations	$	1.07		$	2.07		$	1.67
Discontinued operations	1.94			0.44			(0.49		)
Net income attributable to common stockholders	$	3.01		$	2.51		$	1.18
Earnings per common share—diluted:
Income from continuing operations	$	1.06		$	2.07		$	1.67
Discontinued operations	1.94			0.44			(0.49		)
Net income attributable to common stockholders	$	3.00		$	2.51		$	1.18

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(1)	The convertible senior notes ("Senior Notes") are excluded from diluted EPS for the years ended December 31, 2012 and 2011 as their effect would be antidilutive. The Senior Notes were paid off in full on March 15, 2012 (See Note 11— Bank and Other Notes Payable).

Diluted EPS excludes 184,304, 193,945 and 208,640 convertible preferred units for the years ended December 31, 2013, 2012 and 2011, respectively, as their impact was antidilutive.

Diluted EPS excludes 1,203,280 of unexercised stock appreciation rights for the year ended December 31, 2011 as their effect was antidilutive.

Diluted EPS excludes 94,685 of unexercised stock options for the year ended December 31, 2011 as their effect was antidilutive.

Diluted EPS excludes 935,650 of unexercised stock warrants for the year ended December 31, 2011 as their effect was antidilutive.

Diluted EPS excludes 9,845,602 and 10,870,454 and 11,356,922 Operating Partnership units ("OP Units") for the years ended December 31, 2013, 2012 and 2011, respectively, as their effect was antidilutive.