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

3 Months Ended

Mar. 31, 2014

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 months ended March 31, 2014 and 2013 (shares in thousands):



	For the Three Months Ended March 31,
	2014			2013
Numerator
Income from continuing operations	$	19,644		$	19,974
Income from discontinued operations	—			2,556
Net income attributable to noncontrolling interests	(1,825		)	(4,438		)
Net income attributable to the Company	17,819			18,092
Allocation of earnings to participating securities	(128		)	(66		)
Numerator for basic and diluted earnings per share—net income attributable to common stockholders	$	17,691		$	18,026
Denominator
Denominator for basic earnings per share—weighted average number of common shares outstanding	140,767			137,538
Effect of dilutive securities:(1)
Share and unit-based compensation plans	50			78
Denominator for diluted earnings per share—weighted average number of common shares outstanding	140,817			137,616
Earnings per common share—basic:
Income from continuing operations	$	0.13		$	0.11
Discontinued operations	—			0.02
Net income attributable to common stockholders	$	0.13		$	0.13
Earnings per common share—diluted:
Income from continuing operations	$	0.13		$	0.11
Discontinued operations	—			0.02
Net income attributable to common stockholders	$	0.13		$	0.13


(1)	Diluted EPS excludes 184,304 convertible preferred units for the three months ended March 31, 2014 and 2013 as their impact was antidilutive.

Diluted EPS excludes 10,068 of unexercised stock options for the three months ended March 31, 2014 as their impact was antidilutive.

Diluted EPS excludes 9,991,438 and 10,206,924 Operating Partnership Units ("OP Units") for the three months ended March 31, 2014 and 2013, respectively, as their impact was antidilutive.