| Net income available to common stockholders |
The following table reconciles the numerator and denominator in computing the Company's basic and diluted per-share computations for net income (loss) available to common stockholders for the three and six months ended June 30, 2013 and 2012: | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2013 | | 2012 | | 2013 | | 2012 | | (in thousands, except share and per share amounts) | Numerator: | | | | | | | | Income from continuing operations | $ | 9,680 |
| | $ | 36 |
| | $ | 12,068 |
| | $ | 2,201 |
| (Income) loss from continuing operations attributable to noncontrolling common units of the Operating Partnership | (147 | ) | | 78 |
| | (125 | ) | | 265 |
| Preferred distributions and dividends | (3,313 | ) | | (3,097 | ) | | (6,626 | ) | | (12,433 | ) | Allocation to participating securities (nonvested shares and time-based RSUs) | (424 | ) | | (432 | ) | | (847 | ) | | (818 | ) | Numerator for basic and diluted income (loss) from continuing operations available to common stockholders | 5,796 |
| | (3,415 | ) | | 4,470 |
| | (10,785 | ) | Income from discontinued operations | 423 |
| | 2,241 |
| | 423 |
| | 78,747 |
| Income from discontinued operations attributable to noncontrolling common units of the Operating Partnership | (10 | ) | | (58 | ) | | (10 | ) | | (2,040 | ) | Numerator for basic and diluted net income (loss) available to common stockholders | $ | 6,209 |
| | $ | (1,232 | ) | | $ | 4,883 |
| | $ | 65,922 |
| Denominator: | | | | | | | | Basic weighted average vested shares outstanding | 75,486,380 |
| | 68,344,734 |
| | 75,233,350 |
| | 65,996,719 |
| Effect of dilutive securities - contingently issuable shares and stock options | 1,967,309 |
| | — |
| | 1,825,594 |
| | — |
| Diluted weighted average vested shares and common share equivalents outstanding | 77,453,689 |
| | 68,344,734 |
| | 77,058,944 |
| | 65,996,719 |
| Basic earnings per share: | | | | | | | | Income (loss) from continuing operations available to common stockholders per share | $ | 0.08 |
| | $ | (0.05 | ) | | $ | 0.06 |
| | $ | (0.16 | ) | Income from discontinued operations per common share | 0.00 |
| | 0.03 |
| | 0.00 |
| | 1.16 |
| Net income (loss) available to common stockholders per share | $ | 0.08 |
| | $ | (0.02 | ) | | $ | 0.06 |
| | $ | 1.00 |
| Diluted earnings per share: | | | | | | | | Income (loss) from continuing operations available to common stockholders per share | $ | 0.08 |
| | $ | (0.05 | ) | | $ | 0.06 |
| | $ | (0.16 | ) | Income from discontinued operations per common share | 0.00 |
| | 0.03 |
| | 0.00 |
| | 1.16 |
| Net income (loss) available to common stockholders per share | $ | 0.08 |
| | $ | (0.02 | ) | | $ | 0.06 |
| | $ | 1.00 |
|
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