EARNINGS PER COMMON SHARE

9 Months Ended

Sep. 30, 2012

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 September 30,						For the Nine Months Ended September 30,
	2012			2011			2012		2011
	(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
Income from continuing operations attributable to common stockholders	$	115,329		$	103,094		$	206,952	$	169,551
Discontinued operations		(3,447	)		(209	)		69,581		1,994
Net income attributable to common stockholders	$	111,882		$	102,885		$	276,533	$	171,545
Denominator:
Denominator for basic earnings per share—weighted average shares		294,928			287,365			291,177		208,470
Effect of dilutive securities:
Stock options		522			412			509		458
Restricted stock awards		121			38			86		57
OP units		1,836			1,868			1,850		630
Convertible notes		—			1,111			—		1,235
Denominator for diluted earnings per share—adjusted weighted average shares		297,407			290,794			293,622		210,850
Basic earnings per share:
Income from continuing operations attributable to common stockholders	$	0.39		$	0.36		$	0.71	$	0.81
Discontinued operations		(0.01	)		(0.00	)		0.24		0.01
Net income attributable to common stockholders	$	0.38		$	0.36		$	0.95	$	0.82
Diluted earnings per share:
Income from continuing operations attributable to common stockholders	$	0.39		$	0.35		$	0.70	$	0.80
Discontinued operations		(0.01	)		(0.00	)		0.24		0.01
Net income attributable to common stockholders	$	0.38		$	0.35		$	0.94	$	0.81