Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2017

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 June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Numerator:
Income from continuing operations	$	36,969		$	36,618		$	57,602		$	100,128
Gain on sale of property	32,224			1,033			47,987			46,190
Net income attributable to noncontrolling interests	(5,341		)	(1,835		)	(10,911		)	(3,428		)
Net income attributable to common shareholders - basic	63,852			35,816			94,678			142,890
Income attributable to operating partnership units	526			—			—			998
Net income attributable to common shareholders - diluted	$	64,378		$	35,816		$	94,678		$	143,888
Denominator:
Weighted average shares outstanding – basic	127,788			125,791			127,700			124,692
Effect of dilutive securities:
Share options and awards	848			1,053			894			1,136
Operating partnership units	1,459			—			—			1,462
Weighted average shares outstanding – diluted	130,095			126,844			128,594			127,290

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 June 30,		Six Months Ended June 30,
	2017	2016	2017	2016
Share options (1)	207	462	—	462
Operating partnership units	—	1,462	1,460	—
Total anti-dilutive securities	207	1,924	1,460	462

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