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EARNINGS PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 30, 2016
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
 
Nine Months Ended
 
September 30,
 
September 30,
(dollars in thousands, except per share amounts)
2016
 
2015
 
2016
 
2015
Numerator
 
 
 
 
 
 
 
Net income attributable to Common Shareholders
$
6,112

 
$
13,776

 
$
52,955

 
$
56,818

Less: net income attributable to participating securities
(58
)
 
(196
)
 
(617
)
 
(810
)
Net income attributable to Common Shareholders, net of income attributable to participating securities
6,054

 
13,580

 
52,338

 
56,008

 
 
 
 
 
 
 
 
Denominator
 

 
 

 
 
 
 
Weighted average shares for basic earnings per share
78,449

 
68,943

 
74,050

 
68,690

Effect of dilutive securities:
 

 
 

 
 
 
 

Employee Restricted Share Units and share options
3

 
14

 
8

 
24

Forward settlement agreement
169

 
—

 
76

 
—

Convertible Preferred OP Units
—

 
—

 
—

 
25

Denominator for diluted earnings per share
78,621

 
68,957

 
74,134

 
68,739

 
 
 
 
 
 
 
 
Basic and diluted earnings per Common Share attributable to Common Shareholders
$
0.08

 
$
0.20

 
$
0.71

 
$
0.82