EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Common Share

The following table shows the amounts used in computing our basic and diluted earnings per share:

	For the Three Months Ended March 31,
	2017			2016
	(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
Income from continuing operations	$	155,912		$	123,339
Discontinued operations	(53		)	(489		)
Gain on real estate dispositions	43,289			26,184
Net income	199,148			149,034
Net income attributable to noncontrolling interests	1,021			54
Net income attributable to common stockholders	$	198,127		$	148,980
Denominator:
Denominator for basic earnings per share—weighted average shares	354,410			335,559
Effect of dilutive securities:
Stock options	452			311
Restricted stock awards	164			149
OP Units	2,546			3,183
Denominator for diluted earnings per share—adjusted weighted average shares	357,572			339,202
Basic earnings per share:
Income from continuing operations	$	0.44		$	0.37
Net income attributable to common stockholders	0.56			0.44
Diluted earnings per share:
Income from continuing operations	$	0.44		$	0.36
Net income attributable to common stockholders	0.55			0.44