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Earnings and Dividends Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table summarizes the average number of common shares and the net income used in the calculation of basic and diluted earnings per common share (in thousands, except share and per share amounts):
 
Three Months Ended
 
March 31,
 
2014
 
2013
Income from continuing operations attributable to common stockholders
$
23,533

 
$
14,050

Discontinued operations

 
1,693

Net income attributable to common stockholders
$
23,533

 
$
15,743

 
 
 
 
BASIC:
 
 
 
Weighted average common shares outstanding
33,051,415

 
27,876,176

 
 
 
 
Income from continuing operations per common share
$
.71

 
$
.50

Discontinued operations per common share

 
.06

Net income per common share
$
.71

 
$
.56

 
 
 
 
DILUTED:
 
 
 
Weighted average common shares outstanding
33,051,415

 
27,876,176

Stock options
33,817

 
35,408

Average dilutive common shares outstanding
33,085,232

 
27,911,584

 
 
 
 
Income from continuing operations per common share
$
.71

 
$
.50

Discontinued operations per common share

 
.06

Net income per common share
$
.71

 
$
.56

 
 
 
 
Incremental shares excluded since anti-dilutive:
 
 
 
Stock options with an exercise price in excess of the average market price for our common shares
40,153

 
11,964

 
 
 
 
Regular dividends declared per common share
$
.77

 
$
.695