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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2015
Earnings Per Share [Abstract] |
Computation of Company's Earnings Per Share (EPS) and Reconciliation of Net Income (Loss) from Continuing Operations and Number of Common Shares Used in Computations of "Basic" EPS and "Diluted" EPS | The following table provides a reconciliation of net income (loss) from continuing operations and the number of common shares used in the computations of “basic” earnings per share (“EPS”), which utilizes the weighted-average number of common shares outstanding without regard to dilutive potential common shares, and “diluted” EPS, which includes all such shares (in thousands, except per share amounts):
| Three Months |  |  | Six Months |
| Ended June 30, |  |  | Ended June 30, |
| 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Numerators – Basic and Diluted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing Operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 7,780 |  |  | $ | 68,078 |  |  | $ | (260,228 | ) |  | $ | 47,777 |
Plus: Gain on disposition of real estate |  | 11,267 |  |  |  | 1,472 |  |  |  | 36,361 |  |  |  | 383 |
Plus: Income attributable to non-controlling interests |  | (449 | ) |  |  | (347 | ) |  |  | (1,322 | ) |  |  | (501 | )
Less: Write-off of preferred share original issuance costs |  | — |  |  |  | (1,943 | ) |  |  | — |  |  |  | (1,943 | )
Less: Preferred dividends |  | (5,594 | ) |  |  | (6,259 | ) |  |  | (11,188 | ) |  |  | (12,867 | )
Less: Earnings attributable to unvested shares and operating partnership units |  | (420 | ) |  |  | (464 | ) |  |  | (868 | ) |  |  | (777 | )
Income (loss) from continuing operations |  | 12,584 |  |  |  | 60,537 |  |  |  | (237,245 | ) |  |  | 32,072 |
Discontinued Operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from discontinued operations |  | — |  |  |  | 7,345 |  |  |  | — |  |  |  | 10,357 |
Plus: (Income) loss attributable to non-controlling interests |  | — |  |  |  | (531 | ) |  |  | — |  |  |  | 1,361 |
Net income (loss) attributable to common shareholders after allocation to participating securities | $ | 12,584 |  |  | $ | 67,351 |  |  | $ | (237,245 | ) |  | $ | 43,790 |
Denominators – Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic—Average shares outstanding |  | 360,073 |  |  |  | 357,812 |  |  |  | 359,914 |  |  |  | 357,717 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Senior convertible notes |  | 3,631 |  |  |  | — |  |  |  | — |  |  |  | — |
Stock options |  | 443 |  |  |  | 483 |  |  |  | — |  |  |  | 459 |
Diluted—Average shares outstanding |  | 364,147 |  |  |  | 358,295 |  |  |  | 359,914 |  |  |  | 358,176 |
Basic Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations attributable to common shareholders | $ | 0.03 |  |  | $ | 0.17 |  |  | $ | (0.66 | ) |  | $ | 0.09 |
Income from discontinued operations attributable to common shareholders |  | — |  |  |  | 0.02 |  |  |  | — |  |  |  | 0.03 |
Net income (loss) attributable to common shareholders | $ | 0.03 |  |  | $ | 0.19 |  |  | $ | (0.66 | ) |  | $ | 0.12 |
Diluted Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations attributable to common shareholders | $ | 0.03 |  |  | $ | 0.17 |  |  | $ | (0.66 | ) |  | $ | 0.09 |
Income from discontinued operations attributable to common shareholders |  | — |  |  |  | 0.02 |  |  |  | — |  |  |  | 0.03 |
Net income (loss) attributable to common shareholders | $ | 0.03 |  |  | $ | 0.19 |  |  | $ | (0.66 | ) |  | $ | 0.12 |
Common Share Dividends Declared Per Share | Common share dividends declared per share were as follows:
|  | Three Months |  |  | Six Months |
|  | Ended June 30, |  |  | Ended June 30, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Common share dividends declared per share |  | $ | 0.1725 |  |  | $ | 0.155 |  |  | $ | 0.345 |  |  | $ | 0.310 |

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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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