Earnings per Share and Unit (Tables)

3 Months Ended

Mar. 31, 2016

Parent Company [Member]

Schedule of earnings per share

The following summarizes the calculation of basic and diluted earnings per share:

	Three months ended March 31,
(in thousands, except per share data)	2016		2015
Numerator:
Income from operations attributable to the Company	53,143		30,440
Less: preferred stock dividends and other	5,266		5,442
Income from operations attributable to common stockholders - basic	$	47,877	24,998
Income from operations attributable to common stockholders - diluted	$	47,877	25,026
Denominator:
Weighted average common shares outstanding for basic EPS	97,518		93,842
Weighted average common shares outstanding for diluted EPS	97,891		93,907
Income per common share – basic	$	0.49	0.27
Income per common share – diluted	$	0.49	0.27

Partnership Interest [Member]

Schedule of earnings per share

The following summarizes the calculation of basic and diluted earnings per unit:

	Three months ended March 31,
(in thousands, except per share data)	2016		2015
Numerator:
Income from operations attributable to the Partnership	53,228		30,489
Less: preferred unit distributions and other	5,266		5,442
Income from operations attributable to common unit holders - basic	47,962		25,047
Income from operations attributable to common unit holders - diluted	47,962		25,075
Denominator:
Weighted average common units outstanding for basic EPU	97,672		93,996
Weighted average common units outstanding for diluted EPU	98,045		94,061
Income per common unit – basic	$	0.49	0.27
Income per common unit – diluted	$	0.49	0.27