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Earnings Per Share
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2017 and 2016 (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
 
Earnings per Common Share - basic:
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
     Income from continuing operations
$
12,285

 
$
2,920

 
$
188,088

 
$
17,857

 
Net income attributable to noncontrolling interests in CPLP
from continuing operations
(213
)
 

 
(3,170
)
 

 
Net income attributable to other noncontrolling interests
(5
)
 

 
(11
)
 

 
Income from continuing operations available for common stockholders
12,067

 
2,920

 
184,907


17,857

 
Income from discontinued operations

 
8,737

 

 
24,361

 
         Net income available for common stockholders
$
12,067

 
$
11,657

 
$
184,907

 
$
42,218

 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Weighted average common shares - basic
419,998

 
210,170

 
414,123

 
210,400

 
Earnings per common share - basic:
 
 
 
 
 
 
 
 
Income from continuing operations available for common
    stockholders
$
0.03

 
$
0.01

 
$
0.45

 
$
0.08

 
Income from discontinued operations available for common
    stockholders

 
0.05

 

 
0.12

 
Earnings per common share - basic
$
0.03

 
$
0.06

 
$
0.45

 
$
0.20

 
 
 
 
 
 
 
 
 
 
Earnings per common share - diluted:
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
     Income from continuing operations
$
12,285

 
$
2,920

 
$
188,088


$
17,857

 
Net income attributable to other noncontrolling interests
    from continuing operations
(5
)
 

 
(11
)
 

 
Income from continuing operations available for common stockholders before net income attributable to noncontrolling interests in CPLP
12,280

 
2,920

 
188,077


17,857

 
Income from discontinued operations available for common stockholders

 
8,737

 

 
24,361

 
Net income available for common stockholders before
     net income attributable to noncontrolling interests in
     CPLP
$
12,280

 
$
11,657

 
$
188,077

 
$
42,218

 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Weighted average common shares - basic
419,998

 
210,170

 
414,123

 
210,400

 
     Add:
 
 
 
 
 
 
 
 
Potential dilutive common shares - stock options
328

 
156

 
320

 
128

 
Weighted average units of CPLP convertible into
    common shares
6,974

 

 
7,511

 

 
Weighted average common shares - diluted
427,300

 
210,326

 
421,954

 
210,528

 
Earnings per common share - diluted:
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders before net income attributable to noncontrolling interests in CPLP
$
0.03

 
$
0.01

 
$
0.45

 
$
0.08

 
Income from discontinued operations available for common
    stockholders

 
0.05

 

 
0.12

 
Earnings per common share - diluted
$
0.03

 
$
0.06

 
$
0.45


$
0.20

 
 
 
 
 
 
 
 
 
 
Weighted average anti-dilutive stock options outstanding
731

 
1,103

 
740

 
1,110