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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings per share for the years ended December 31, 2013, 2012 and 2011 is computed as follows:
$ and share amounts in thousands
Years Ended December 31,
 
2013
 
2012
 
2011
Numerator (Income)
 
 
 
 
 
Basic Earnings
 
 
 
 
 
Net income available to common shareholders
130,769

 
334,490

 
281,915

Effect of dilutive securities:
 
 
 
 
 
Income allocated to non-controlling interest
1,486

 
4,123

 
4,882

Dilutive net income available to shareholders
132,255

 
338,613

 
286,797

Denominator (Weighted Average Shares)
 
 
 
 
 
Basic Earnings:
 
 
 
 
 
Shares available to common shareholders
132,714

 
115,559

 
86,365

Effect of dilutive securities:
 
 
 
 
 
Restricted Stock Awards
35

 
28

 
14

OP Units
1,425

 
1,425

 
1,425

Dilutive Shares
134,174

 
117,012

 
87,804