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Per Common Share Amounts
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Per common share amounts

Note 12. Per Common Share Amounts

The following table provides a reconciliation of the weighted average number of common shares used in the computation of basic and diluted EPS. Unvested share-based payment awards that contain non-forfeitable rights to dividends are considered participating securities and are included in our computation of basic and diluted EPS using the two-class method. Other potentially dilutive common shares, including contingently issuable common shares under our business management agreement with RMR, restricted shares, and the related impact on earnings, are considered when calculating diluted EPS (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2014

 

2013

 

2012

Weighted average common shares for basic earnings per share

 

 

198,868 

 

 

187,271 

 

 

169,508 

Effect of dilutive securities: restricted share awards

 

 

26 

 

 

143 

 

 

163 

Weighted average common shares for diluted earnings per share

 

 

198,894 

 

 

187,414 

 

 

169,671 

 

We had no anti-dilutive common share equivalents outstanding for the years ended December 31, 2014, 2013 and 2012.