The following table reconciles the numerator and denominator in computing the Company's basic and diluted per-share computations for net income available to common stockholders for the years ended December 31, 2012, 2011, and 2010:



	Year Ended December 31,
	2012			2011			2010
	(in thousands, except share and per share amounts)
Numerator:
Income (loss) from continuing operations	$	5,447		$	(3,728	)	(427		)
Loss from continuing operations attributable to noncontrolling common units of the Operating Partnership	383			545			468
Preferred distributions and dividends	(21,088		)	(15,196		)	(15,196		)
Allocation to participating securities (nonvested shares and time-based RSUs)	(1,602		)	(1,309		)	(1,151		)
Numerator for basic and diluted loss from continuing operations available to common stockholders	(16,860		)	(19,688		)	(16,306		)
Income from discontinued operations	271,654			71,217			20,313
Income from discontinued operations attributable to noncontrolling common units of the Operating Partnership	(6,570		)	(2,019		)	(646		)
Numerator for basic and diluted net income available to common stockholders	$	248,224		$	49,510		$	3,361
Denominator:
Basic weighted average vested shares outstanding	69,639,623			56,717,121			49,497,487
Effect of dilutive securities—contingently issuable shares and stock options	—			—			—
Diluted weighted average vested shares and common share equivalents outstanding	69,639,623			56,717,121			49,497,487
Basic earnings per share:
Loss from continuing operations available to common stockholders per share	$	(0.24	)	$	(0.35	)	$	(0.33	)
Income from discontinued operations per common share	3.80			1.22			0.40
Net income available to common stockholders per share	$	3.56		$	0.87		$	0.07
Diluted earnings per share:
Loss from continuing operations available to common stockholders per share	$	(0.24	)	$	(0.35	)	$	(0.33	)
Income from discontinued operations per common share	3.80			1.22			0.40
Net income available to common stockholders per share	$	3.56		$	0.87		$	0.07