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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Components of Earnings Per Common Share - Basic and Diluted
Earnings per common share – basic and diluted components for the periods indicated are as follows (in thousands):
 
Three Months Ended
March 31,
 
2014
 
2013
Numerator:
 
 
 
Continuing Operations:
 
 
 
Income from continuing operations
$
23,127

 
$
40,978

Gain on sale of property
163

 
142

Net income attributable to noncontrolling interests
(1,557
)
 
(1,073
)
Dividends on preferred shares
(2,710
)
 
(7,440
)
Redemption costs of preferred shares

 
(2,242
)
Income from continuing operations attributable to
common shareholders – basic and diluted
$
19,023


$
30,365

Discontinued Operations:
 
 
 
Income from discontinued operations
$
41,491

 
$
3,697

Net loss (income) attributable to noncontrolling interests
79

 
(394
)
Income from discontinued operations attributable to
common shareholders – basic and diluted
$
41,570

 
$
3,303

Denominator:
 
 
 
Weighted average shares outstanding - basic
121,401

 
121,058

Effect of dilutive securities:
 
 
 
Share options and awards
1,244

 
1,165

Weighted average shares outstanding - diluted
122,645

 
122,223

Schedule Of Anti-Dilutive Securities
Anti-dilutive securities of our common shares, which are excluded from the calculation of earnings per common share – diluted, are as follows (in thousands):
 
Three Months Ended
March 31,
 
2014
 
2013
Share options (1)
1,924

 
2,313

Operating partnership units
1,500

 
1,556

Total anti-dilutive securities
3,424

 
3,869

_______________
(1)
Exclusion results as exercise prices were greater than the average market price for each respective period.