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Per Common Share Amounts
 3 Months Ended
Mar. 31, 2015
Per Common Share Amounts  
Per Common Share Amounts

Note 4.  Per Common Share Amounts

 

We calculate basic earnings per common share by dividing allocated net income by the weighted average number of common shares outstanding during the period.  We calculate diluted earnings per share using the more dilutive of the two class method or the treasury stock method.  Unvested share awards and other potentially dilutive common shares, including contingently issuable common shares under our business management agreement with Reit Management & Research LLC, or RMR, if any, and the related impact on earnings, are considered when calculating diluted earnings per share. The following table provides a reconciliation of the weighted average number of common shares used in the calculation of basic and diluted earnings per share: 

 

 

 

 

 

 

 

 

 

For the three months ended March 31,

 

 

2015

 

2014

 

 

(in thousands)

Weighted average common shares for basic earnings per share

 
149,792 

 
149,573 

Effect of dilutive securities:

 

 

 

 

Contingently issuable common shares

 
1,091 

 
103 

Unvested share awards

 
23 

 
15 

Weighted average common shares for diluted earnings per share

 
150,906 

 
149,691