EARNINGS PER COMMON SHARE (Tables)

6 Months Ended

Jun. 30, 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 June 30,						For the Six Months Ended June 30,
	2017			2016			2017			2016
	(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
Income from continuing operations	$	152,272		$	137,849		$	308,184		$	261,188
Discontinued operations	(23		)	(148		)	(76		)	(637		)
Gain on real estate dispositions	719			5,739			44,008			31,923
Net income	152,968			143,440			352,116			292,474
Net income attributable to noncontrolling interests	1,137			278			2,158			332
Net income attributable to common stockholders	$	151,831		$	143,162		$	349,958		$	292,142
Denominator:
Denominator for basic earnings per share—weighted average shares	355,024			338,901			354,719			337,230
Effect of dilutive securities:
Stock options	596			630			501			475
Restricted stock awards	225			154			193			153
OP Unitholder interests	2,466			2,886			2,506			2,993
Denominator for diluted earnings per share—adjusted weighted average shares	358,311			342,571			357,919			340,851
Basic earnings per share:
Income from continuing operations	$	0.43		$	0.41		$	0.87		$	0.77
Net income attributable to common stockholders	0.43			0.42			0.99			0.87
Diluted earnings per share:
Income from continuing operations	$	0.42		$	0.40		$	0.86		$	0.77
Net income attributable to common stockholders	0.42			0.42			0.98			0.86