XML 50 R35.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2012
Earnings Per Share [Line Items]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]
 
 
Quarter Ended March 31,
 
 
2012
 
2011
Numerator for net income per share – basic:
 
 
 
 
Income (loss) from continuing operations
 
$
17,389

 
$
(8,913
)
Allocation to Noncontrolling Interests – Operating Partnership, net
 
(582
)
 
543

Net (income) loss attributable to Noncontrolling Interests – Partially Owned Properties
 
(450
)
 
40

Preferred distributions
 
(3,466
)
 
(3,466
)
Income (loss) from continuing operations available to Common Shares, net of
  Noncontrolling Interests
 
12,891

 
(11,796
)
Discontinued operations, net of Noncontrolling Interests
 
128,942

 
135,661

Numerator for net income per share – basic
 
$
141,833

 
$
123,865

Numerator for net income per share – diluted (1):
 
 
 
 
Income from continuing operations
 
$
17,389

 
 
Net (income) attributable to Noncontrolling Interests – Partially Owned Properties
 
(450
)
 
 
Preferred distributions
 
(3,466
)
 
 
Income from continuing operations available to Common Shares
 
13,473

 
 
Discontinued operations, net
 
134,778

 
 
Numerator for net income per share – diluted (1)
 
$
148,251

 
$
123,865

Denominator for net income per share – basic and diluted (1):
 
 
 
 
Denominator for net income per share – basic
 
298,805

 
292,895

Effect of dilutive securities:
 
 
 
 
OP Units
 
13,206

 

Long-term compensation shares/units
 
3,219

 

Denominator for net income per share – diluted (1)
 
315,230

 
292,895

Net income per share – basic
 
$
0.47

 
$
0.42

Net income per share – diluted
 
$
0.47

 
$
0.42

Net income per share – basic:
 
 
 
 
Income (loss) from continuing operations available to Common Shares, net of
  Noncontrolling Interests
 
$
0.043

 
$
(0.040
)
Discontinued operations, net of Noncontrolling Interests
 
0.432

 
0.463

Net income per share – basic
 
$
0.475

 
$
0.423

Net income per share – diluted (1):
 
 
 
 
Income (loss) from continuing operations available to Common Shares
 
$
0.043

 
$
(0.040
)
Discontinued operations, net
 
0.427

 
0.463

Net income per share – diluted
 
$
0.470

 
$
0.423


(1)
Potential common shares issuable from the assumed conversion of OP Units and the exercise/vesting of long-term compensation shares/units are automatically anti-dilutive and therefore excluded from the diluted earnings per share calculation as the Company had a loss from continuing operations for the quarter ended March 31, 2011.
Operating Partnership [Member]
  
Earnings Per Share [Line Items]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]
 
 
Quarter Ended March 31,
 
 
2012
 
2011
Numerator for net income per Unit – basic and diluted (1):
 
 
 
 
Income (loss) from continuing operations
 
$
17,389

 
$
(8,913
)
Net (income) loss attributable to Noncontrolling Interests – Partially Owned Properties
 
(450
)
 
40

Allocation to Preference Units
 
(3,466
)
 
(3,466
)
Income (loss) from continuing operations available to Units
 
13,473

 
(12,339
)
Discontinued operations, net
 
134,778

 
141,979

Numerator for net income per Unit – basic and diluted (1)
 
$
148,251

 
$
129,640

Denominator for net income per Unit – basic and diluted (1):
 
 
 
 
Denominator for net income per Unit – basic
 
312,011

 
306,248

Effect of dilutive securities:
 
 
 
 
Dilution for Units issuable upon assumed exercise/vesting of the Company’s long-term
   compensation shares/units
 
3,219

 

Denominator for net income per Unit – diluted (1)
 
315,230

 
306,248

Net income per Unit – basic
 
$
0.47

 
$
0.42

Net income per Unit – diluted
 
$
0.47

 
$
0.42

Net income per Unit – basic:
 
 
 
 
Income (loss) from continuing operations available to Units
 
$
0.043

 
$
(0.040
)
Discontinued operations, net
 
0.432

 
0.463

Net income per Unit – basic
 
$
0.475

 
$
0.423

Net income per Unit – diluted (1):
 
 
 
 
Income (loss) from continuing operations available to Units
 
$
0.043

 
$
(0.040
)
Discontinued operations, net
 
0.427

 
0.463

Net income per Unit – diluted
 
$
0.470

 
$
0.423


(1)
Potential Units issuable from the assumed exercise/vesting of the Company’s long-term compensation shares/units are automatically anti-dilutive and therefore excluded from the diluted earnings per Unit calculation as the Operating Partnership had a loss from continuing operations for the quarter ended March 31, 2011.