| Computation of net income per share - basic and net income per share - diluted |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Year Ended December 31, |
|
| |
|
2010 |
|
|
2009 |
|
|
2008 |
|
|
Numerator for net income per share — basic and diluted (1):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss) from continuing operations
|
|
$ |
(29,035 |
) |
|
$ |
(5,959 |
) |
|
$ |
(49,581 |
) |
|
Allocation to Noncontrolling Interests — Operating Partnership, net
|
|
|
1,982 |
|
|
|
1,112 |
|
|
|
4,151 |
|
|
Net loss (income) attributable to Noncontrolling Interests — Partially Owned Properties
|
|
|
726 |
|
|
|
558 |
|
|
|
(2,650 |
) |
|
Net income attributable to Preference Interests and Units
|
|
|
— |
|
|
|
(9 |
) |
|
|
(15 |
) |
|
Preferred distributions
|
|
|
(14,368 |
) |
|
|
(14,479 |
) |
|
|
(14,507 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss) from continuing operations available to Common Shares,
net of Noncontrolling Interests
|
|
|
(40,695 |
) |
|
|
(18,777 |
) |
|
|
(62,602 |
) |
|
Discontinued operations, net of Noncontrolling Interests
|
|
|
309,937 |
|
|
|
366,571 |
|
|
|
455,717 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Numerator for net income per share — basic and diluted (1)
|
|
$ |
269,242 |
|
|
$ |
347,794 |
|
|
$ |
393,115 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Denominator for net income per share — basic and diluted (1)
|
|
|
282,888 |
|
|
|
273,609 |
|
|
|
270,012 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income per share — basic
|
|
$ |
0.95 |
|
|
$ |
1.27 |
|
|
$ |
1.46 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income per share — diluted
|
|
$ |
0.95 |
|
|
$ |
1.27 |
|
|
$ |
1.46 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income per share — basic:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss) from continuing operations available to Common Shares,
net of Noncontrolling Interests
|
|
$ |
(0.144 |
) |
|
$ |
(0.069 |
) |
|
$ |
(0.232 |
) |
|
Discontinued operations, net of Noncontrolling Interests
|
|
|
1.096 |
|
|
|
1.340 |
|
|
|
1.688 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income per share — basic
|
|
$ |
0.952 |
|
|
$ |
1.271 |
|
|
$ |
1.456 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income per share — diluted (1):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss) from continuing operations available to Common Shares
|
|
$ |
(0.144 |
) |
|
$ |
(0.069 |
) |
|
$ |
(0.232 |
) |
|
Discontinued operations, net
|
|
|
1.096 |
|
|
|
1.340 |
|
|
|
1.688 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income per share — diluted
|
|
$ |
0.952 |
|
|
$ |
1.271 |
|
|
$ |
1.456 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Distributions declared per Common Share outstanding
|
|
$ |
1.47 |
|
|
$ |
1.64 |
|
|
$ |
1.93 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (1) |
|
Potential common shares issuable from the assumed conversion of OP Units and the
exercise/vesting of long-term compensation award 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 years ended December 31, 2010, 2009
and 2008, respectively. |
|