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EARNINGS PER COMMON SHARE (Tables)
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share from Continuing Operations
The following table sets forth the computation of basic and diluted earnings per share from continuing operations for the periods indicated:

2.    EARNINGS PER COMMON SHARE (continued)
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(dollars in thousands, except per share amounts)
2015
 
2014
 
2015
 
2014
Numerator
 
 
 
 
 
 
 
Income from continuing operations
$
26,495

 
$
11,365

 
$
43,042

 
$
32,960

Less: net income attributable to participating securities
(238
)
 
(197
)
 
(478
)
 
(585
)
Income from continuing operations, net of income attributable to participating securities
26,257

 
11,168

 
42,564

 
32,375

 
 
 
 
 
 
 
 
Denominator
 

 
 

 
 
 
 
Weighted average shares for basic earnings per share
68,825

 
58,013

 
68,561

 
56,989

Effect of dilutive securities:
 

 
 

 


 
 

Employee Restricted Share Units and share options
19

 
19

 
30

 
28

 Convertible Preferred OP Units
25

 
—

 
25

 
25

Denominator for diluted earnings per share
68,869

 
58,032

 
68,616

 
57,042

 
 
 
 
 
 
 
 
Basic and diluted earnings per Common Share from continuing operations attributable to Common Shareholders
$
0.38

 
$
0.19

 
$
0.62

 
$
0.57