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Earnings per Common Share (Tables) | 9 Months Ended
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Sep. 30, 2014
Earnings Per Share [Abstract] |
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,
| 2014 |  | 2013 |  | 2014 |  | 2013
Numerator: |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations attributable to common shareholders, including loss on disposal of hotel properties | $ | 36,760 |  |  | $ | 33,334 |  |  | $ | 101,596 |  |  | $ | 80,166 |
Add: Income from discontinued operations | — |  |  | 3,135 |  |  | — |  |  | 5,310 |
Net income attributable to common shareholders | 36,760 |  |  | 36,469 |  |  | 101,596 |  |  | 85,476 |
Less: Dividends paid on unvested restricted shares | (262 | ) |  | (216 | ) |  | (731 | ) |  | (712 | )
Less: Undistributed earnings attributable to unvested restricted shares | — |  |  | (97 | ) |  | (39 | ) |  | (86 | )
Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares | $ | 36,498 |  |  | $ | 36,156 |  |  | $ | 100,826 |  |  | $ | 84,678 |
Denominator: |  |  |  |  |  |  |  |  |  |  |
Weighted-average number of common shares - basic | 131,106,440 |  |  | 121,594,219 |  |  | 126,070,309 |  |  | 116,697,417 |
Unvested restricted shares | 318,145 |  |  | 249,029 |  |  | 306,630 |  |  | 212,672 |
Unvested performance units | 962,258 |  |  | 906,873 |  |  | 920,962 |  |  | 887,581 |
Weighted-average number of common shares - diluted | 132,386,843 |  |  | 122,750,121 |  |  | 127,297,901 |  |  | 117,797,670 |
Income from continuing operations attributable to common shareholders, including loss on disposal of hotel properties - basic | $ | 0.28 |  |  | $ | 0.27 |  |  | $ | 0.80 |  |  | $ | 0.68 |
Discontinued operations | — |  |  | 0.03 |  |  | — |  |  | 0.05 |
Net income attributable to common shareholders - basic | $ | 0.28 |  |  | $ | 0.30 |  |  | $ | 0.80 |  |  | $ | 0.73 |
Income from continuing operations attributable to common shareholders, including loss on disposal of hotel properties - diluted | $ | 0.28 |  |  | $ | 0.27 |  |  | $ | 0.79 |  |  | $ | 0.67 |
Discontinued operations | — |  |  | 0.03 |  |  | — |  |  | 0.05 |
Net income attributable to common shareholders - diluted | $ | 0.28 |  |  | $ | 0.30 |  |  | $ | 0.79 |  |  | $ | 0.72 |

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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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