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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2018
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,
 
 
2018
 
2017
(In thousands except share amounts)
 
 
 
 
Net increase (decrease) in shareholders' equity resulting from operations
 
$
46,676

 
$
33,981

Add: Net increase (decrease) in equity resulting from operations attributable to participating non-controlling interests(1)
 
319

 
221

Net increase (decrease) in equity resulting from operations related to common shares, LTIP Unit holders, and participating non-controlling interests
 
46,995

 
34,202

Net increase (decrease) in shareholders' equity resulting from operations available to common share and LTIP Unit holders:
 
 
 
 
Net increase (decrease) in shareholders' equity resulting from operations– common shares
 
45,922

 
33,487

Net increase (decrease) in shareholders' equity resulting from operations– LTIP Units
 
753

 
494

Dividends Paid:
 
 
 
 
Common shareholders
 
(49,576
)
 
(56,434
)
LTIP Unit holders
 
(812
)
 
(829
)
Non-controlling interests
 
(348
)
 
(373
)
Total dividends paid to common shareholders, LTIP Unit holders, and non-controlling interests
 
(50,736
)
 
(57,636
)
Undistributed (Distributed in excess of) earnings:
 
 
 
 
Common shareholders
 
(3,653
)
 
(22,947
)
LTIP Unit holders
 
(59
)
 
(335
)
Non-controlling interests
 
(29
)
 
(152
)
Total undistributed (distributed in excess of) earnings attributable to common shareholders, LTIP Unit holders, and non-controlling interests
 
$
(3,741
)
 
$
(23,434
)
Weighted average shares outstanding (basic and diluted):
 
 
 
 
Weighted average common shares outstanding
 
30,297,401

 
32,062,091

Weighted average participating LTIP Units
 
496,962

 
472,527

Weighted average non-controlling interest units
 
212,000

 
212,000

Basic earnings per common share:
 
 
 
 
Distributed
 
$
1.64

 
$
1.76

Undistributed (Distributed in excess of)
 
(0.12
)
 
(0.72
)
 
 
$
1.52

 
$
1.04

Diluted earnings per common share:
 
 
 
 
Distributed
 
$
1.64

 
$
1.76

Undistributed (Distributed in excess of)
 
(0.12
)
 
(0.72
)
 
 
$
1.52

 
$
1.04

(1)
For the years ended December 31, 2018 and 2017, excludes net increase (decrease) in equity resulting from operations of $2.9 million and $1.8 million, respectively attributable to joint venture partners, which have non-participating interests as described in Note 11.