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Net Income (Loss) Available to Common Stockholders Per Share of the Company
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Net Income (Loss) Available to Common Stockholders Per Share of the Company
Net Income (Loss) Available to Common Stockholders Per Share of the Company

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 months ended March 31, 2014 and 2013:

 
Three Months Ended March 31,
 
2014
 
2013
 
(in thousands, except share and
per share amounts)
Numerator:
 
 
 
Income from continuing operations
$
11,440

 
$
186

(Income) loss from continuing operations attributable to noncontrolling common units of the Operating Partnership
(172
)
 
72

Preferred dividends
(3,313
)
 
(3,313
)
Allocation to participating securities (1)
(427
)
 
(418
)
Numerator for basic and diluted income (loss) from continuing operations available to common stockholders
7,528

 
(3,473
)
Income from discontinued operations
90,492

 
2,202

Income from discontinued operations attributable to noncontrolling common units of the Operating Partnership
(1,915
)
 
(50
)
Numerator for basic and diluted net income (loss) available to common stockholders
$
96,105

 
$
(1,321
)
Denominator:
 
 
 
Basic weighted average vested shares outstanding
82,124,538

 
74,977,240

Effect of dilutive securities
2,015,532

 
—

Diluted weighted average vested shares and common share equivalents outstanding
84,140,070

 
74,977,240

Basic earnings per share:
 
 
 
Income (loss) from continuing operations available to common stockholders per share
$
0.09

 
$
(0.05
)
Income from discontinued operations per common share
1.08

 
0.03

Net income (loss) available to common stockholders per share
$
1.17

 
$
(0.02
)
Diluted earnings per share:
 
 
 
Income (loss) from continuing operations available to common stockholders per share
$
0.09

 
$
(0.05
)
Income from discontinued operations per common share
1.05

 
0.03

Net income (loss) available to common stockholders per share
$
1.14

 
$
(0.02
)
________________________ 
(1)
Participating securities include nonvested shares, certain time-based RSUs and vested market-measure RSUs.

The impact of the contingently issuable shares, which consist of the 4.25% Exchangeable Notes and 1,520,500 stock options, were considered in our diluted earnings per share calculation for the three months ended March 31, 2014 because we reported income from continuing operations attributable to common stockholders in the respective period and the effect was dilutive. The impact of the Exchangeable Notes and stock options was not considered in our diluted earnings per share calculation for the three months ended March 31, 2013 because we reported a loss from continuing operations attributable to common stockholders and the effect was anti-dilutive.

The 2014 Performance-Based RSUs and our other nonvested market measure-based RSUs are not included in dilutive securities as of March 31, 2014 because they are not considered contingently issuable shares as not all the necessary performance conditions have been met. The impact of our nonvested market measure-based RSUs were not included in dilutive securities as of March 31, 2013 because they were not considered contingently issuable shares as not all the necessary performance conditions were met.