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Per Share Data
6 Months Ended
Jun. 30, 2012
Per Share Data  
Per Share Data

4.    Per Share Data

            We determine basic earnings per share based on the weighted average number of shares of common stock outstanding during the period and we consider any participating securities for purposes of applying the two-class method. We determine diluted earnings per share based on the weighted average number of shares of common stock outstanding combined with the incremental weighted average shares that would have been outstanding assuming all potentially dilutive common shares were converted into shares at the earliest date possible. The following table sets forth the computation of our basic and diluted earnings per share.

 
  For the Three Months
Ended June 30,
  For the Six Months
Ended June 30,
 
 
  2012   2011   2012   2011  

Net Income available to Common Stockholders — Basic

  $ 215,445   $ 205,121   $ 860,855   $ 384,532  

Effect of dilutive securities:

                         

Impact to General Partner's interest in Operating Partnership from all dilutive securities and options

        51         29  
                   

Net Income available to Common Stockholders — Diluted

  $ 215,445   $ 205,172   $ 860,855   $ 384,561  
                   

Weighted Average Shares Outstanding — Basic

    303,252,359     293,367,771     299,472,884     293,224,782  

Effect of stock options

    1,042     34,582     1,079     127,905  
                   

Weighted Average Shares Outstanding — Diluted

    303,253,401     293,402,353     299,473,963     293,352,687  
                   

            For the six months ended June 30, 2012, potentially dilutive securities include stock options, units that are exchangeable for common stock and long-term incentive performance, or LTIP, units granted under our long-term incentive performance programs that are convertible into units and exchangeable for common stock. The only securities that had a dilutive effect for the six months ended June 30, 2012 and 2011 were stock options. We accrue dividends when they are declared.