EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2015

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:

2.    EARNINGS PER COMMON SHARE (continued)

	Three Months Ended
	March 31,
(dollars in thousands, except per share amounts)	2015			2014
Numerator
Income from continuing operations	$	16,547		$	21,595
Less: net income attributable to participating securities	(240		)	(392		)
Income from continuing operations, net of income attributable to participating securities	16,307			21,203
Denominator
Weighted average shares for basic earnings per share	68,295			55,953
Effect of dilutive securities:
Employee Restricted Share Units and share options	40			40
Convertible Preferred OP Units	25			25
Denominator for diluted earnings per share	68,360			56,018
Diluted earnings per Common Share from continuing operations attributable to Common Shareholders	$	0.24		$	0.38