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Earnings Per Share ("EPS") | 12 Months Ended
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Dec. 31, 2017
Earnings Per Share [Abstract] |
Earnings Per Share (EPS) | Earnings Per Share ("EPS"): 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):
| 2017 |  | 2016 |  | 2015
Numerator |  |  |  |  |
Net Income | $ | 161,673 |  |  | $ | 554,839 |  |  | $ | 522,912 |
Net income attributable to noncontrolling interests | (15,543 | ) |  | (37,844 | ) |  | (35,350 | )
Net income attributable to the Company | 146,130 |  |  | 516,995 |  |  | 487,562 |
Allocation of earnings to participating securities | (757 | ) |  | (779 | ) |  | (1,493 | )
Numerator for basic and diluted EPS—net income attributable to common stockholders | $ | 145,373 |  |  | $ | 516,216 |  |  | $ | 486,069 |
Denominator |  |  |  |  |
Denominator for basic EPS—weighted average number of common shares outstanding | 141,877 |  |  | 146,599 |  |  | 157,916 |
Effect of dilutive securities (1) |  |  |  |  |
Share and unit based compensation | 36 |  |  | 112 |  |  | 144 |
Denominator for diluted EPS—weighted average number of common shares outstanding | 141,913 |  |  | 146,711 |  |  | 158,060 |
EPS—net income attributable to common stockholders: |  |  |  |  |
Basic | $ | 1.02 |  |  | $ | 3.52 |  |  | $ | 3.08 |
Diluted | $ | 1.02 |  |  | $ | 3.52 |  |  | $ | 3.08 |
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(1) | Diluted EPS excludes 90,619, 133,366 and 139,186 convertible preferred units for the years ended December 31, 2017, 2016 and 2015, respectively, as their impact was antidilutive.
Diluted EPS excludes 10,416,321 and 10,721,271 and 10,562,154 Operating Partnership units ("OP Units") for the years ended December 31, 2017, 2016 and 2015, respectively, as their effect was antidilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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