Net Income Per Common Share

6 Months Ended

Jun. 30, 2015

Net Income Per Common Share

Net Income Per Common Share

16.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		Six months ended
	June 30,		June 30,
	2015	2014	2015	2014
Weighted average shares used for the basic net income per share computation	232,403,586	220,979,955	228,932,782	214,039,692
Incremental shares from share-based compensation	165,577	63,664	128,980	49,937
Weighted average partnership common units convertible to common shares that were dilutive	317,022	317,022	317,022	317,022
Weighted average shares used for diluted net income per share computation	232,886,185	221,360,641	229,378,784	214,406,651
Unvested shares from share-based compensation that were anti-dilutive	115,789	59,149	107,539	59,569
Weighted average partnership common units convertible to common shares that were anti-dilutive	419,546	529,161	429,988	531,839