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Net (Loss) Income Available to Common Stockholders Per Share of the Company (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2013 and 2012:

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2013
 
2012
 
2013
 
2012
 
(in thousands, except share and
per share amounts)
Numerator:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
2,683

 
$
(2,167
)
 
$
10,289

 
$
(4,941
)
Loss (income) from continuing operations attributable to
noncontrolling common units of the Operating Partnership
14

 
179

 
(8
)
 
564

Preferred distributions and dividends
(3,312
)
 
(5,342
)
 
(9,938
)
 
(17,775
)
Allocation to participating securities (1)
(450
)
 
(408
)
 
(1,292
)
 
(1,225
)
Numerator for basic and diluted loss from continuing
operations available to common stockholders
(1,065
)
 
(7,738
)
 
(949
)
 
(23,377
)
Income from discontinued operations
6,344

 
4,689

 
11,229

 
88,412

Income from discontinued operations attributable to
noncontrolling common units of the Operating Partnership
(145
)
 
(112
)
 
(258
)
 
(2,272
)
Numerator for basic and diluted net income (loss)
available to common stockholders
$
5,134

 
$
(3,161
)
 
$
10,022

 
$
62,763

Denominator:
 
 
 
 
 
 
 
Basic weighted average vested shares outstanding
76,768,893

 
71,889,475

 
75,750,822

 
67,975,309

Effect of dilutive securities – contingently issuable shares
and stock options
—

 
—

 
—

 
—

Diluted weighted average vested shares and common share
equivalents outstanding
76,768,893

 
71,889,475

 
75,750,822

 
67,975,309

Basic earnings per share:
 
 
 
 
 
 
 
Loss from continuing operations available to common
stockholders per share
$
(0.01
)
 
$
(0.10
)
 
$
(0.01
)
 
$
(0.34
)
Income from discontinued operations per common share
0.08

 
0.06

 
0.14

 
1.26

Net income (loss) available to common stockholders per share
$
0.07

 
$
(0.04
)
 
$
0.13

 
$
0.92

Diluted earnings per share:
 
 
 
 
 
 
 
Loss from continuing operations available to common
stockholders per share
$
(0.01
)
 
$
(0.10
)
 
$
(0.01
)
 
$
(0.34
)
Income from discontinued operations per common share
0.08

 
0.06

 
0.14

 
1.26

Net income (loss) available to common stockholders per share
$
0.07

 
$
(0.04
)
 
$
0.13

 
$
0.92

________________________ 
(1)
Participating securities include nonvested shares, time-based RSUs and vested market-measure RSUs.