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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2017
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, 2017, 2016 and 2015 (amounts in thousands except per share information):
 
Year Ended December 31, 2017
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
Income from continuing operations
$
262,968

 
 
 
 
Less: preferred dividend requirements and redemption costs
(28,750
)
 
 
 
 
Net income available to common shareholders
$
234,218

 
71,191

 
$
3.29

Diluted EPS:
 
 
 
 
 
Net income available to common shareholders
$
234,218

 
71,191

 
 
Effect of dilutive securities:
 
 
 
 
 
Share options

 
63

 
 
Net income available to common shareholders
$
234,218

 
71,254

 
$
3.29


 
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