Net Income Per Common Share

3 Months Ended

Mar. 31, 2015

Net Income Per Common Share

Net Income Per Common Share

15.Net Income Per Common Share

Basic net income per common share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted net income per common share is computed by dividing net income available to common stockholders, plus income attributable to dilutive shares and convertible common units, for the period by the weighted average number of common shares that would have been outstanding assuming the issuance of common shares for all potentially dilutive common shares outstanding during the reporting period.

The following is a reconciliation of the denominator of the basic net income per common share computation to the denominator of the diluted net income per common share computation.

	Three months ended
	March 31,
	2015	2014
Weighted average shares used for the basic net income
per share computation	225,346,407	207,003,950
Incremental shares from share-based compensation	162,425	3,391
Weighted average partnership common units convertible
to common shares that were dilutive	317,022	317,022
Weighted average shares used for diluted net
income per share computation	225,825,854	207,324,363
Unvested shares from share-based compensation that
were anti-dilutive	111,338	194,933
Weighted average partnership common units convertible
to common shares that were anti-dilutive	440,546	534,546