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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 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
September 30,
 
Nine Months Ended
September 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Continuing Operations:
 
 
 
 
 
 
 
Income from continuing operations
$
32,703

 
$
21,689

 
$
87,633

 
$
84,663

Gain on sale of property
69,496

 
163

 
71,407

 
570

Net income attributable to noncontrolling interests
(1,870
)
 
(1,921
)
 
(4,988
)
 
(3,914
)
Dividends on preferred shares
(2,710
)
 
(2,710
)
 
(8,130
)
 
(15,463
)
Redemption costs of preferred shares
—

 
—

 
—

 
(17,944
)
Income from continuing operations attributable to
common shareholders – basic
97,619

 
17,221


145,922


47,912

Income attributable to operating partnership units
455

 
—

 
1,368

 
—

Income from continuing operations attributable to
common shareholders – diluted
$
98,074

 
$
17,221

 
$
147,290

 
$
47,912

Discontinued Operations:
 
 
 
 
 
 
 
Income from discontinued operations
$
—

 
$
40,537

 
$
44,924

 
$
126,151

Net loss (income) attributable to noncontrolling interests
—

 
74

 
52

 
(37,142
)
Income from discontinued operations attributable to
common shareholders – basic and diluted
$
—

 
$
40,611

 
$
44,976

 
$
89,009

Denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
121,560

 
121,359

 
121,487

 
121,235

Effect of dilutive securities:
 
 
 
 
 
 
 
Share options and awards
1,385

 
1,172

 
1,316

 
1,206

Operating partnership units
1,495

 
—

 
1,498

 
—

Weighted average shares outstanding - diluted
124,440

 
122,531

 
124,301

 
122,441
Schedule Of Anti-Dilutive Securities Of Common Shares
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
September 30,
 
Nine Months Ended
September 30,
 
2014
 
2013
 
2014
 
2013
Share options (1)
1,210

 
1,929

 
1,916

 
1,929

Operating partnership units
—

 
1,555

 
—

 
1,555

Total anti-dilutive securities
1,210

 
3,484

 
1,916

 
3,484

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