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Net Income Available to Common Stockholders Per Share of the Company (Tables)
12 Months Ended
Dec. 31, 2015
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 available to common stockholders for the years ended December 31, 2015, 2014 and 2013:

 
Year Ended December 31,
 
2015
 
2014
 
2013
 
(in thousands, except unit and per unit amounts)
Numerator:
 
 
 
 
 
Income from continuing operations
$
238,604

 
$
59,313

 
$
14,935

Income from continuing operations attributable to noncontrolling interests
(4,523
)
 
(966
)
 
(36
)
Preferred dividends and distributions
(13,250
)
 
(13,250
)
 
(13,250
)
Allocation to participating securities (1)
(1,634
)
 
(1,699
)
 
(1,689
)
Numerator for basic and diluted income (loss) from continuing operations available to common stockholders
219,197

 
43,398

 
(40
)
Income from discontinued operations (2)

 
124,495

 
29,630

Income from discontinued operations attributable to noncontrolling common units of the Operating Partnership (2)

 
(2,623
)
 
(649
)
Numerator for basic and diluted net income available to common stockholders
$
219,197

 
$
165,270

 
$
28,941

Denominator:
 
 
 
 
 
Basic weighted average vested shares outstanding
89,854,096

 
83,090,235

 
77,343,853

Effect of dilutive securities – contingently issuable shares and stock options
541,679

 
1,877,485

 

Diluted weighted average vested shares and common stock equivalents outstanding
90,395,775

 
84,967,720

 
77,343,853

Basic earnings per share:
 
 
 
 
 
Income from continuing operations available to common stockholders per share
$
2.44

 
$
0.52

 
$
0.00

Income from discontinued operations per share of common stock (2)

 
1.47

 
0.37

Net income available to common stockholders per share
$
2.44

 
$
1.99

 
$
0.37

Diluted earnings per share:
 
 
 
 
 
Income from continuing operations available to common stockholders per share
$
2.42

 
$
0.51

 
$
0.00

Income from discontinued operations per share of common stock (2)

 
1.44

 
0.37

Net income available to common stockholders per share
$
2.42

 
$
1.95

 
$
0.37

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