Company Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of Computation of Basic and Diluted Net Income Per Share

For the three and six months ended June 30, 2013 and 2012, a reconciliation of the numerator and denominator used in the computation of basic and diluted net income per share was as follows:

	Three months ended						Six months ended
	June 30,						June 30,
	2013			2012			2013			2012
Net income attributable to common shareholders (numerator):
Net income	$	27,614		$	21,170		$	48,004		$	43,035
Noncontrolling interests - consolidated real estate entities		(58	)		(35	)		(55	)		(41	)
Noncontrolling interests - Operating Partnership		(68	)		(56	)		(120	)		(115	)
Preferred stock dividends		(922	)		(922	)		(1,844	)		(1,844	)
Unvested restricted stock (allocation of earnings)		(61	)		(48	)		(99	)		(94	)
Net income available to common shareholders	$	26,505		$	20,109		$	45,886		$	40,941
Common shares (denominator):
Weighted average shares outstanding - basic		54,464			53,773			54,450			53,430
Dilutive shares from stock options		194			323			198			369
Weighted average shares outstanding - diluted		54,658			54,096			54,648			53,799
Per-share amount:
Basic	$	0.49		$	0.37		$	0.84		$	0.77
Diluted	$	0.48		$	0.37		$	0.84		$	0.76

Post Apartment Homes, L.P. [Member]

Schedule of Computation of Basic and Diluted Net Income Per Share

For the three and six months ended June 30, 2013 and 2012, a reconciliation of the numerator and denominator used in the computation of basic and diluted net income per unit was as follows:

	Three months ended						Six months ended
	June 30,						June 30,
	2013			2012			2013			2012
Net income available to common unitholders (numerator):
Net income	$	27,614		$	21,170		$	48,004		$	43,035
Noncontrolling interests - consolidated real estate entities		(58	)		(35	)		(55	)		(41	)
Preferred unit distributions		(922	)		(922	)		(1,844	)		(1,844	)
Unvested restricted stock (allocation of earnings)		(61	)		(48	)		(99	)		(94	)
Net income available to common unitholders	$	26,573		$	20,165		$	46,006		$	41,056
Common units (denominator):
Weighted average units outstanding - basic		54,607			53,923			54,593			53,581
Dilutive units from stock options		194			323			198			369
Weighted average units outstanding - diluted		54,801			54,246			54,791			53,950
Per-unit amount:
Basic	$	0.49		$	0.37		$	0.84		$	0.77
Diluted	$	0.48		$	0.37		$	0.84		$	0.76