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Earnings (Loss) Per Common Share/Unit (Tables)
 6 Months Ended
Jun. 30, 2012
Earnings (Loss) Per Common Share/Unit [Abstract]  
Schedule of earnings per share basic and diluted by common class
                                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  

REIT

   2012(1)     2011 (1)     2012     2011(1)  

Net earnings (loss) available for common stockholders

   $ (8,120 )    $ (151,471 )    $ 194,293     $ (198,087 ) 

Noncontrolling interest attributable to exchangeable limited partnership units

     —         —         1,069       —    
   

 

 

    

 

 

    

 

 

    

 

 

  

Adjusted net earnings (loss) available for common stockholders

   $ (8,120 )    $ (151,471 )    $ 195,362     $ (198,087 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Weighted average common shares outstanding - Basic (2)

     459,878       307,756       459,549       281,384  

Incremental weighted average effect on exchange of limited partnership units

     —         —         3,299       —    

Incremental weighted average effect of share awards

     —         —         1,848       —    
   

 

 

    

 

 

    

 

 

    

 

 

  

Weighted average common shares outstanding - Diluted (3)

     459,878       307,756       464,696       281,384  
   

 

 

    

 

 

    

 

 

    

 

 

  

Net earnings (loss) per share available for common stockholders - Basic and Diluted

   $ (0.02 )    $ (0.49 )    $ 0.42     $ (0.70 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  
         

Operating Partnership

                        

Net earnings (loss) available for common unitholders

   $ (8,173 )    $ (151,471 )    $ 195,181     $ (198,087 ) 

Noncontrolling interest attributable to exchangeable limited partnership units

     —         —         121       —    
   

 

 

    

 

 

    

 

 

    

 

 

  

Adjusted net earnings (loss) available for common unitholders

   $ (8,173 )    $ (151,471 )    $ 195,302     $ (198,087 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Weighted average common partnership units outstanding - Basic (2)

     461,842       308,389       461,559       281,702  

Incremental weighted average effect on exchange of limited partnership units

     —         —         1,289       —    

Incremental weighted average effect of share awards

     —         —         1,848       —    
   

 

 

    

 

 

    

 

 

    

 

 

  

Weighted average common partnership units outstanding - Diluted (3)

     461,842       308,389       464,696       281,702  
   

 

 

    

 

 

    

 

 

    

 

 

  

Net earnings (loss) per unit available for common unitholders - Basic and Diluted

   $ (0.02 )    $ (0.49 )    $ 0.42     $ (0.70 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

 

(1) In periods with a net loss, the inclusion of any incremental shares/units is anti-dilutive and, therefore, both basic and diluted shares/units are the same.
(2) The increase in shares/units from 2011 to 2012 is due to the Merger (see Note 2 for more details) and an equity offering in June 2011.
(3) Total weighted average potentially dilutive share awards outstanding (in thousands) were 9,835 and 4,966 for the three months ended June 30, 2012 and 2011, respectively, and 9,977 and 3,715 for the six months ended June 30, 2012 and 2011, respectively.