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Beneficiaries Equity of the Parent Company (Tables)
3 Months Ended
Mar. 31, 2016
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 Months Ended March 31,

 

 

2016

 

 

2015

 

 

Basic

 

 

Diluted

 

 

Basic

 

 

Diluted

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

$

46,310

 

 

$

46,310

 

 

$

8,594

 

 

$

8,594

 

Net income from continuing operations attributable to non-controlling interests

 

(389

)

 

 

(389

)

 

 

(58

)

 

 

(58

)

Nonforfeitable dividends allocated to unvested restricted shareholders

 

(105

)

 

 

(105

)

 

 

(101

)

 

 

(101

)

Preferred share dividends

 

(1,725

)

 

 

(1,725

)

 

 

(1,725

)

 

 

(1,725

)

Net income attributable to common shareholders

$

44,091

 

 

$

44,091

 

 

$

6,710

 

 

$

6,710

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

174,788,945

 

 

 

174,788,945

 

 

 

179,562,930

 

 

 

179,562,930

 

Contingent securities/Share based compensation

 

-

 

 

 

682,468

 

 

 

-

 

 

 

1,092,342

 

Weighted-average shares outstanding

 

174,788,945

 

 

 

175,471,413

 

 

 

179,562,930

 

 

 

180,655,272

 

Earnings per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders

$

0.25

 

 

$

0.25

 

 

$

0.04

 

 

$

0.04