| Schedule of computation of basic and diluted earnings per common share |
The computation of basic and diluted earnings per common share is as follows (in thousands, except share and per share data): | | | | | | | | | | | | | | | | | | For the three months ended September 30, | | For the nine months ended September 30, | | 2013 | | 2012 | | 2013 | | 2012 | Numerator: | |
| | |
| | |
| | |
| Net income attributable to common shareholders before discontinued operations | $ | 33,290 |
| | $ | 15,917 |
| | $ | 80,089 |
| | $ | 28,568 |
| Add: Income (loss) from discontinued operations | 3,179 |
| | (721 | ) | | 5,387 |
| | (1,000 | ) | Net income attributable to common shareholders | 36,469 |
| | 15,196 |
| | 85,476 |
| | 27,568 |
| Less: Dividends paid on unvested restricted shares | (216 | ) | | (183 | ) | | (712 | ) | | (594 | ) | Less: Undistributed earnings attributable to unvested restricted shares | (97 | ) | | — |
| | (86 | ) | | — |
| Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares | $ | 36,156 |
| | $ | 15,013 |
| | $ | 84,678 |
| | $ | 26,974 |
| Denominator: | |
| | |
| | |
| | |
| Weighted-average number of common shares - basic | 121,594,219 |
| | 105,453,978 |
| | 116,697,417 |
| | 105,392,071 |
| Unvested restricted shares | 249,029 |
| | 55,126 |
| | 212,672 |
| | 54,140 |
| Unvested performance units | 906,873 |
| | — |
| | 887,581 |
| | — |
| Weighted-average number of common shares - diluted | 122,750,121 |
| | 105,509,104 |
| | 117,797,670 |
| | 105,446,211 |
| | | | | | | | | Net income per share attributable to common shareholders before discontinued operations - basic | $ | 0.27 |
| | $ | 0.15 |
| | $ | 0.68 |
| | $ | 0.27 |
| Discontinued operations | 0.03 |
| | (0.01 | ) | | 0.05 |
| | (0.01 | ) | Net income per share attributable to common shareholders - basic | $ | 0.30 |
| | $ | 0.14 |
| | $ | 0.73 |
| | $ | 0.26 |
| | | | | | | | | Net income per share attributable to common shareholders before discontinued operations - diluted | $ | 0.27 |
| | $ | 0.15 |
| | $ | 0.67 |
| | $ | 0.27 |
| Discontinued operations | 0.03 |
| | (0.01 | ) | | 0.05 |
| | (0.01 | ) | Net income per share attributable to common shareholders - diluted | $ | 0.30 |
| | $ | 0.14 |
| | $ | 0.72 |
| | $ | 0.26 |
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