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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
The following table illustrates the earnings allocation method utilized in the calculation of basic and diluted earnings per share.
 
 
Third Quarter Ended
September 30,
 
Nine Months Ended
September 30,
(in thousands, except per-share amounts)
 
2015
 
2014
 
2015
 
2014
Earnings per share numerator:
 
 
 
 
 
 
 
 
Net income attributable to common shareholders before allocation of earnings to participating securities
 
$
62,009

 
$
56,913

 
$
184,689

 
$
181,200

Earnings allocated to participating securities
 
126

 
81

 
395

 
273

Net income attributable to common shareholders after allocation of earnings to participating securities
 
$
61,883

 
$
56,832

 
$
184,294

 
$
180,927

Earnings per share denominator:
 
 
 
 
 
 
 
 
Weighted-average number of shares of common stock outstanding - basic and diluted
 
12,187

 
12,549

 
12,336

 
12,745

Earnings per share - basic and diluted
 
$
5.08

 
$
4.53

 
$
14.94

 
$
14.20