XML 34 R22.htm IDEA: XBRL DOCUMENT v3.4.0.3
EARNINGS PER COMMON SHARE
 3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE
EARNINGS PER COMMON SHARE
The following table shows the amounts used in computing our basic and diluted earnings per common share:
 
For the Three Months Ended March 31,
 
2016
 
2015
 
(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
 
 
 
Income from continuing operations attributable to common stockholders, including real estate dispositions
$
149,469

 
$
102,868

Discontinued operations
(489
)
 
17,574

Net income attributable to common stockholders          
$
148,980

 
$
120,442

Denominator:
 
 
 
Denominator for basic earnings per share—weighted average shares
335,559

 
325,454

Effect of dilutive securities:
 
 
 
Stock options
311

 
531

Restricted stock awards
149

 
70

OP units
3,183

 
3,148

Denominator for diluted earnings per share—adjusted weighted average shares
339,202

 
329,203

Basic earnings per share:
 
 
 
Income from continuing operations attributable to common stockholders, including real estate dispositions
$
0.44

 
$
0.32

Discontinued operations
(0.00
)
 
0.05

Net income attributable to common stockholders          
$
0.44

 
$
0.37

Diluted earnings per share:
 
 
 
Income from continuing operations attributable to common stockholders, including real estate dispositions
$
0.44

 
$
0.32

Discontinued operations
(0.00
)
 
0.05

Net income attributable to common stockholders          
$
0.44

 
$
0.37