XML 113 R39.htm IDEA: XBRL DOCUMENT v2.4.0.8
Net (Loss) Income Available to Common Stockholders Per Share of the Company (Tables)
 6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
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