Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2011

Earnings Per Common Share

Schedule Of Basic And Diluted Earnings Per Common Share

	Quarter Ended June 30						Six Months Ended June 30
	2011			2010			2011			2010
Basic earnings per common share
Numerator for basic earnings per common share:
Net income	$	42,541		$	29,759		$	77,233		$	70,196
Series A and B preferred share dividends		(5,060	)		(5,059	)		(10,118	)		(10,117	)
Unvested stock award participation in earnings		(145	)		(138	)		(274	)		(333	)
	$	37,336		$	24,562		$	66,841		$	59,746
Denominator for basic earnings per common share:
Weighted average common shares outstanding		77,631			70,124			74,652			69,752
Average unvested stock awards outstanding		(460	)		(390	)		(459	)		(388	)
		77,171			69,734			74,193			69,364
		$0.48			$0.35			$0.90			$0.86
Diluted earnings per common share
Numerator for diluted earnings per common share:
Net income	$	42,541		$	29,759		$	77,233		$	70,196
Dividends on antidilutive convertible preferred shares		(4,985	)		(4,983	)		(9,968	)		(9,966	)
Unvested stock award participation in earnings		(145	)		(138	)		(274	)		(333	)
	$	37,411		$	24,638		$	66,991		$	59,897
Denominator for diluted earnings per common share:
Weighted average common shares outstanding		77,631			70,124			74,652			69,752
Average unvested stock awards outstanding		(460	)		(390	)		(459	)		(388	)
Net effect of dilutive stock and option awards		80			28			73			42
Net effect of dilutive convertible preferred shares		309			310			309			310
		77,560			70,072			74,575			69,716
		$0.48			$0.35			$0.90			$0.86

Potentially Dilutive Securities Excluded From Computation Of Earnings Per Share

	Quarter Ended June 30				Six Months Ended June 30
	2011		2010		2011		2010
Antidilutive convertible preferred shares		15,865		15,819		15,865		15,819
Antidilutive equity awards excludable under the treasury stock method:
Shares issuable under option awards		10		70		10		40
Unvested stock awards		–		202		–		111