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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted EPS
The components of the computation of basic and diluted EPS were as follows:
 
Year Ended December 31,
 
2012
 
2011
 
2010
(In thousands except share amounts)
 
 
 
 
 
Net increase in shareholders’ equity resulting from operations
$
97,146

 
$
10,327

 
$
40,571

Net increase in shareholders’ equity resulting from operations available to common share and LTIP holders:
97,146

 
10,327

 
40,571

Net increase in shareholders’ equity resulting from operations - common shares
95,064

 
10,090

 
39,411

Net increase in shareholders’ equity resulting from operations - LTIPs
2,082

 
237

 
1,160

Dividends Paid(1):
 
 
 
 
 
Common shares
(46,433
)
 
(41,414
)
 
(32,972
)
LTIPs
(979
)
 
(968
)
 
(934
)
Total dividends paid to common share and LTIP holders
(47,412
)
 
(42,382
)
 
(33,906
)
Undistributed earnings:
 
 
 
 
 
Common shares
48,631

 
(31,324
)
 
6,439

LTIPs
1,103

 
(731
)
 
226

Total undistributed earnings attributable to common share and LTIP holders
$
49,734

 
$
(32,055
)
 
$
6,665

Weighted average shares outstanding (basic and diluted):
 
 
 
 
 
Weighted average common shares outstanding
17,897,996

 
16,497,983

 
12,958,969

Weighted average participating LTIPs
391,944

 
385,973

 
381,339

Basic earnings per common share:
 
 
 
 
 
Distributed
$
2.59

 
$
2.51

 
$
2.54

Undistributed
2.72

 
(1.90
)
 
0.50

 
$
5.31

 
$
0.61

 
$
3.04

Diluted earnings per common share:
 
 
 
 
 
Distributed
$
2.59

 
$
2.51

 
$
2.54

Undistributed
2.72

 
(1.90
)
 
0.50

 
$
5.31

 
$
0.61

 
$
3.04

(1)
The Company pays quarterly dividends in arrears, so a portion of the dividends paid in each calendar year relate to the prior year’s earnings.