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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 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):
 
Year Ended December 31,
 
2017
 
2016
 
2015
Numerator:
 
 
 
 
 
Continuing Operations:

 



Income from continuing operations
$
132,104

 
$
176,117

 
$
121,601

Gain on sale of property
218,611

 
100,714

 
59,621

Net income attributable to noncontrolling interests
(15,441
)
 
(37,898
)
 
(6,870
)
Dividends on preferred shares

 

 
(3,830
)
Redemption costs of preferred shares

 

 
(9,687
)
Income from continuing operations attributable to
common shareholders – basic
335,274

 
238,933

 
160,835

Income attributable to operating partnership units
3,084

 
1,996

 

Income from continuing operations attributable to
common shareholders – diluted
$
338,358

 
$
240,929

 
$
160,835

Denominator:
 
 
 
 
 
Weighted average shares outstanding – basic
127,755

 
126,048

 
123,037

Effect of dilutive securities:
 
 
 
 
 
Share options and awards
870

 
1,059

 
1,292

Operating partnership units
1,446

 
1,462

 

Weighted average shares outstanding – diluted
130,071

 
128,569

 
124,329

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):
 
Year Ended December 31,
 
2017
 
2016
 
2015
Share options (1)

 
2

 
463

Operating partnership units

 

 
1,472

Total anti-dilutive securities

 
2

 
1,935

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