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EARNINGS PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share from Continuing Operations
The following table sets forth the computation of basic and diluted earnings per share from continuing operations for the periods indicated:

 
Three Months Ended
 
March 31,
(dollars in thousands, except per share amounts)
2014
 
2013
Numerator
 
 
 
Income from continuing operations
$
21,595

 
$
9,590

Less: net income attributable to participating securities
392

 
172

Income from continuing operations, net of income attributable to participating securities
21,203

 
9,418

 
 
 
 
Denominator
 

 
 

Weighted average shares for basic earnings per share
55,953

 
53,437

Effect of dilutive securities:
 

 
 

Employee Restricted Share Units and share options
40

 
60

 Convertible Preferred OP Units
25

 

Denominator for diluted earnings per share
56,018

 
53,497

 
 
 
 
Basic earnings per Common Share from continuing operations attributable to Common Shareholders
$
0.38

 
$
0.18

Diluted earnings per Common Share from continuing operations attributable to Common Shareholders
$
0.38

 
$
0.18