The following table sets forth a reconciliation of the numerators and denominators in computing the Operating Partnership's earnings per unit for the three and six months ended June 30, 2011 and 2011, respectively (in thousands, except per unit amounts):



	Three Months Ended June 30,						Six Months Ending June 30,
	2011			2010			2011			2010
Numerator
Income from continuing operations	$	10,842		$	5,393		$	21,659		$	8,395
Less applicable preferred unit distributions	—			(1,407		)	—			(2,813		)
Less allocation of earnings to participating securities	(165		)	(143		)	(357		)	(312		)
Income from continuing operations available to common unitholders of the Operating Partnership	10,677			3,843			21,302			5,270
Discontinued operations	—			(1		)	—			—
Net income available to common unitholders of the Operating Partnership	$	10,677		$	3,842		$	21,302		$	5,270
Denominator
Basic weighted average common units	23,154			23,085			23,138			23,067
Effect of notional units	104			—			104			—
Effect of senior exchangeable notes	32			13			32			13
Effect of outstanding options	19			21			19			24
Diluted weighted average common units	23,309			23,119			23,293			23,104
Basic earnings per common unit:
Income from continuing operations	$	0.46		$	0.17		$	0.92		$	0.23
Discontinued operations	—			—			—			—
Net income	$	0.46		$	0.17		$	0.92		$	0.23
Diluted earnings per common unit:
Income from continuing operations	$	0.46		$	0.17		$	0.91		$	0.23
Discontinued operations	—			—			—			—
Net income	$	0.46		$	0.17		$	0.91		$	0.23