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Earnings Per Share ("EPS") (Tables) | 12 Months Ended
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Dec. 31, 2016
Earnings Per Share [Abstract] |
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 years ended December 31 (shares in thousands):
| 2016 |  | 2015 |  | 2014
Numerator |  |  |  |  |
Net Income | $ | 554,839 |  |  | $ | 522,912 |  |  | $ | 1,606,931 |
Net income attributable to noncontrolling interests | (37,844 | ) |  | (35,350 | ) |  | (107,889 | )
Net income attributable to the Company | 516,995 |  |  | 487,562 |  |  | 1,499,042 |
Allocation of earnings to participating securities | (779 | ) |  | (1,493 | ) |  | (1,576 | )
Numerator for basic and diluted EPS—net income attributable to common stockholders | $ | 516,216 |  |  | $ | 486,069 |  |  | $ | 1,497,466 |
Denominator |  |  |  |  |
Denominator for basic EPS—weighted average number of common shares outstanding | 146,599 |  |  | 157,916 |  |  | 143,144 |
Effect of dilutive securities (1) |  |  |  |  |
Share and unit based compensation | 112 |  |  | 144 |  |  | 147 |
Denominator for diluted EPS—weighted average number of common shares outstanding | 146,711 |  |  | 158,060 |  |  | 143,291 |
Earnings per common share—net income attributable to common stockholders: |  |  |  |  |
Basic | $ | 3.52 |  |  | $ | 3.08 |  |  | $ | 10.46 |
Diluted | $ | 3.52 |  |  | $ | 3.08 |  |  | $ | 10.45 |
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(1) | Diluted EPS excludes 133,366, 139,186 and 179,667 convertible preferred units for the years ended December 31, 2016, 2015 and 2014, respectively, as their impact was antidilutive.
Diluted EPS excludes 10,721,271 and 10,562,154 and 10,079,935 Operating Partnership units ("OP Units") for the years ended December 31, 2016, 2015 and 2014, respectively, as their effect was antidilutive.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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