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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2016
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 years ended December 31, 2016, 2015 and 2014 (amounts in thousands except per share information):
 
Year Ended December 31, 2016
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
Income from continuing operations
$
224,982

 
 
 
 
Less: preferred dividend requirements
(23,806
)
 
 
 
 
Net income available to common shareholders
$
201,176

 
63,381

 
$
3.17

Diluted EPS:
 
 
 
 
 
Net income available to common shareholders
$
201,176

 
63,381

 
 
Effect of dilutive securities:
 
 
 
 
 
Share options

 
93

 
 
Net income available to common shareholders
$
201,176

 
63,474

 
$
3.17


 
Year Ended December 31, 2015
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
Income from continuing operations
$
194,333

 
 
 
 
Less: preferred dividend requirements
(23,806
)
 
 
 
 
Income from continuing operations available to common shareholders
$
170,527

 
58,138

 
$
2.93

Income from discontinued operations available to common shareholders
$
199

 
58,138

 
$
0.01

Net income available to common shareholders
$
170,726

 
58,138

 
$
2.94

Diluted EPS:
 
 
 
 
 
Income from continuing operations available to common shareholders
$
170,527

 
58,138

 
 
Effect of dilutive securities:
 
 
 
 
 
Share options

 
190

 
 
Income from continuing operations available to common shareholders
$
170,527

 
58,328

 
$
2.92

Income from discontinued operations available to common shareholders
$
199

 
58,328

 
$
0.01

Net income available to common shareholders
$
170,726

 
58,328

 
$
2.93

 
Year Ended December 31, 2014
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
Income from continuing operations
$
175,752

 
 
 
 
Less: preferred dividend requirements and redemption costs
(23,807
)
 
 
 
 
Income from continuing operations available to common shareholders
$
151,945

 
54,244

 
$
2.80

Loss from discontinued operations available to common shareholders
$
3,881

 
54,244

 
$
0.07

Net income available to common shareholders
$
155,826

 
54,244

 
$
2.87

Diluted EPS:
 
 
 
 
 
Income from continuing operations available to common shareholders
$
151,945

 
54,244

 
 
Effect of dilutive securities:
 
 
 
 
 
Share options

 
200

 
 
Income from continuing operations available to common shareholders
$
151,945

 
54,444

 
$
2.79

Loss from discontinued operations available to common shareholders
$
3,881

 
54,444

 
$
0.07

Net income available to common shareholders
$
155,826

 
54,444

 
$
2.86