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Beneficiaries Equity of the Parent Company (Tables)
9 Months Ended
Sep. 30, 2015
Equity [Abstract]  
Earnings Per Share (EPS), Basic and Diluted
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 September 30,
 
2015
 
2014
 
Basic
 
Diluted
 
Basic
 
Diluted
Numerator
 
 
 
 
 
 
 
Income from continuing operations
$
20,308

 
$
20,308

 
$
8,885

 
$
8,885

Net income from continuing operations attributable to non-controlling interests
(161
)
 
(161
)
 
(108
)
 
(108
)
Nonforfeitable dividends allocated to unvested restricted shareholders
(76
)
 
(76
)
 
(82
)
 
(82
)
Preferred share dividends
(1,725
)
 
(1,725
)
 
(1,725
)
 
(1,725
)
Income from continuing operations available to common shareholders
18,346

 
18,346

 
6,970

 
6,970

Loss from discontinued operations

 

 
(3
)
 
(3
)
Net income attributable to common shareholders
$
18,346

 
$
18,346

 
$
6,967

 
$
6,967

Denominator
 
 
 
 
 
 
 
Weighted-average shares outstanding
178,188,037

 
178,188,037

 
171,606,722

 
171,606,722

Contingent securities/Share based compensation

 
588,647

 

 
1,587,148

Weighted-average shares outstanding
178,188,037

 
178,776,684

 
171,606,722

 
173,193,870

Earnings per Common Share:
 
 
 
 
 
 
 
Income from continuing operations attributable to common shareholders
$
0.10

 
$
0.10

 
$
0.04

 
$
0.04

Discontinued operations attributable to common shareholders

 

 

 

Net income attributable to common shareholders
$
0.10

 
$
0.10

 
$
0.04

 
$
0.04


 
 
 
 
 
 
 
 
 
Nine-month periods ended September 30,
 
2015
 
2014
 
Basic
 
Diluted
 
Basic
 
Diluted
Numerator
 
 
 
 
 
 
 
Income from continuing operations
$
31,960

 
$
31,960

 
$
7,893

 
$
7,893

Net income from continuing operations attributable to non-controlling interests
(221
)
 
(221
)
 
(47
)
 
(47
)
Nonforfeitable dividends allocated to unvested restricted shareholders
(253
)
 
(253
)
 
(268
)
 
(268
)
Preferred share dividends
(5,175
)
 
(5,175
)
 
(5,175
)
 
(5,175
)
Income from continuing operations available to common shareholders
26,311

 
26,311

 
2,403

 
2,403

Income from discontinued operations

 

 
918

 
918

Discontinued operations attributable to non-controlling interests

 

 
(10
)
 
(10
)
Discontinued operations attributable to common shareholders

 

 
908

 
908

Net income attributable to common shareholders
$
26,311

 
$
26,311

 
$
3,311

 
$
3,311

Denominator
 
 
 
 
 
 
 
Weighted-average shares outstanding
179,198,714

 
179,198,714

 
161,866,955

 
161,866,955

Contingent securities/Share based compensation

 
789,778

 

 
1,487,015

Weighted-average shares outstanding
179,198,714

 
179,988,492

 
161,866,955

 
163,353,970

Earnings per Common Share:
 

 
 

 
 

 
 

Income from continuing operations attributable to common shareholders
$
0.15

 
$
0.15

 
$
0.01

 
$
0.01

Discontinued operations attributable to common shareholders

 

 
0.01

 
0.01

Net income attributable to common shareholders
$
0.15

 
$
0.15

 
$
0.02

 
$
0.02