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 three months ended March 31, 2013 and 2012:



	Three Months Ended March 31,
	2013			2012
	(in thousands, except share and per share amounts)
Numerator:
Income from continuing operations	$	2,388		$	2,165
Loss from continuing operations attributable to noncontrolling common units of the Operating Partnership	22			186
Preferred distributions and dividends	(3,313		)	(9,336		)
Allocation to participating securities (nonvested shares and time-based RSUs)	(418		)	(380		)
Numerator for basic and diluted loss from continuing operations available to common stockholders	(1,321		)	(7,365		)
Income from discontinued operations	—			76,506
Income from discontinued operations attributable to noncontrolling common units of the Operating Partnership	—			(1,981		)
Numerator for basic and diluted net (loss) income available to common stockholders	$	(1,321	)	$	67,160
Denominator:
Basic weighted average vested shares outstanding	74,977,240			63,648,704
Effect of dilutive securities - contingently issuable shares and stock options	—			—
Diluted weighted average vested shares and common share equivalents outstanding	74,977,240			63,648,704
Basic earnings per share:
Loss from continuing operations available to common stockholders per share	$	(0.02	)	$	(0.12	)
Income from discontinued operations per common share	0.00			1.18
Net (loss) income available to common stockholders per share	$	(0.02	)	$	1.06
Diluted earnings per share:
Loss from continuing operations available to common stockholders per share	$	(0.02	)	$	(0.12	)
Income from discontinued operations per common share	0.00			1.18
Net (loss) income available to common stockholders per share	$	(0.02	)	$	1.06