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Beneficiaries Equity of the Parent Company (Tables)
6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Earnings Per Share (EPS), Basic and Diluted
Earnings per Share (EPS)
The following tables detail the number of shares and net income used to calculate basic and diluted earnings per share (in thousands, except share and per share amounts; results may not add due to rounding):
 
Three-month periods ended June 30,
 
2014
 
2013
 
Basic
 
Diluted
 
Basic
 
Diluted
Numerator
 
 
 
 
 
 
 
Income from continuing operations
$
1,245

 
$
1,245

 
$
9,310

 
$
9,310

Income (loss) from continuing operations attributable to non-controlling interests
5

 
5

 
(87
)
 
(87
)
Net loss attributable to non-controlling interest — partners' share of consolidated real estate ventures
24

 
24

 

 

Nonforfeitable dividends allocated to unvested restricted shareholders
(83
)
 
(83
)
 
(85
)
 
(85
)
Preferred share dividends
(1,725
)
 
(1,725
)
 
(1,725
)
 
(1,725
)
Income (loss) from continuing operations available to common shareholders
(534
)
 
(534
)
 
7,413

 
7,413

Income (loss) from discontinued operations
929

 
929

 
(2,130
)
 
(2,130
)
Discontinued operations attributable to non-controlling interests
(10
)
 
(10
)
 
25

 
25

Discontinued operations attributable to common shareholders
919

 
919

 
(2,105
)
 
(2,105
)
Net income attributable to common shareholders
$
385

 
$
385

 
$
5,308

 
$
5,308

Denominator
 
 
 
 
 
 
 
Weighted-average shares outstanding
157,037,348

 
157,037,348

 
155,347,384

 
155,347,384

Contingent securities/Share based compensation

 

 

 
1,343,817

Weighted-average shares outstanding
157,037,348

 
157,037,348

 
155,347,384

 
156,691,201

Earnings per Common Share:
 
 
 
 
 
 
 
Income from continuing operations attributable to common shareholders
$

 
$

 
$
0.05

 
$
0.05

Discontinued operations attributable to common shareholders

 

 
(0.02
)
 
(0.02
)
Net income attributable to common shareholders
$

 
$

 
$
0.03

 
$
0.03