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Earnings Per Share (Tables)
3 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
The following table summarizes the Company’s computation of basic and diluted earnings per share (EPS) for the three and six months ended June 30, 2013 and 2012 (amounts in thousands except per share information):
 
Three Months Ended June 30, 2013
 
Six Months Ended June 30, 2013
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
31,796

 
 
 
 
 
$
72,440

 
 
 
 
Less: preferred dividend requirements
(5,952
)
 
 
 
 
 
(11,904
)
 
 
 
 
Income from continuing operations available to common shareholders
$
25,844

 
47,081

 
$
0.55

 
$
60,536

 
46,969

 
$
1.29

Income from discontinued operations available to common shareholders
$
680

 
47,081

 
$
0.01

 
$
1,242

 
46,969

 
$
0.03

Net income available to common shareholders
$
26,524

 
47,081

 
$
0.56

 
$
61,778

 
46,969

 
$
1.32

Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations available to common shareholders
$
25,844

 
47,081

 
 
 
$
60,536

 
46,969

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Share options

 
213

 
 
 

 
203

 
 
Income from continuing operations available to common shareholders
$
25,844

 
47,294

 
$
0.55

 
$
60,536

 
47,172

 
$
1.28

Income from discontinued operations available to common shareholders
$
680

 
47,294

 
$
0.01

 
$
1,242

 
47,172

 
$
0.03

Net income available to common shareholders
$
26,524

 
47,294

 
$
0.56

 
$
61,778

 
47,172

 
$
1.31




 
Three Months Ended June 30, 2012
 
Six Months Ended June 30, 2012
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
 
Income (loss)
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
35,861

 
 
 
 
 
$
65,458

 
 
 
 
Less: preferred dividend requirements
(6,002
)
 
 
 
 
 
(12,003
)
 
 
 
 
Noncontrolling interest adjustments
(19
)
 
 
 
 
 
(37
)
 
 
 
 
Income from continuing operations available to common shareholders
$
29,840

 
46,826

 
$
0.64

 
$
53,418

 
46,751

 
$
1.14

Income (loss) from discontinued operations available to common shareholders
$
957

 
46,826

 
$
0.02

 
$
(7,250
)
 
46,751

 
$
(0.15
)
Net income available to common shareholders
$
30,797

 
46,826

 
$
0.66

 
$
46,168

 
46,751

 
$
0.99

Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations available to common shareholders
$
29,840

 
46,826

 
 
 
$
53,418

 
46,751

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Share options

 
242

 
 
 

 
255

 
 
Income from continuing operations available to common shareholders
$
29,840

 
47,068

 
$
0.63

 
$
53,418

 
47,006

 
$
1.13

Income (loss) from discontinued operations available to common shareholders
$
957

 
47,068

 
$
0.02

 
$
(7,250
)
 
47,006

 
$
(0.15
)
Net income available to common shareholders
$
30,797

 
47,068

 
$
0.65

 
$
46,168

 
47,006

 
$
0.98