Earnings Per Share

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Share

15. Earnings Per Share

     The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

		Three Months Ended
		March 31,
		2013		2012
Numerator for basic and diluted earnings
	per share - net income (loss) attributable
	to common stockholders	$	55,058	$	39,307
Denominator for basic earnings per
	share - weighted average shares		260,036		199,661
Effect of dilutive securities:
	Employee stock options		-		223
	Non-vested restricted shares		-		280
	Convertible senior unsecured notes		-		1,494
Dilutive potential common shares			0		1,997
Denominator for diluted earnings per
	share - adjusted weighted average shares		260,036		201,658
Basic earnings per share		$	0.21	$	0.20
Diluted earnings per share		$	0.21	$	0.19

The diluted earnings per share calculation for the three months ended March 31, 2013 excludes the dilutive effect of all common stock equivalents as they are anti-dilutive due to the loss from continuing operations. The diluted earnings per share calculation for the three months ended March 31, 2012 excludes the dilutive effect of388,000stock options because the exercise prices were more than the average market price.The Series H Cumulative Convertible and Redeemable Preferred Stockand Series I Cumulative Convertible Perpetual Preferred Stock were not included in the calculations as the effect of conversions into common stock was anti-dilutive.