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Earnings Per Share (Notes)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

A significant portion of the Company's non-vested share-based payment awards are considered participating securities and as such, the Company is required to use the two-class method for the computation of basic and diluted earnings per share. Under the two-class computation method, net losses are not allocated to participating securities unless the holder of the security has a contractual obligation to share in the losses. The non-vested share-based payment awards are not allocated losses as the awards do not have a contractual obligation to share in losses of the Company.
The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for the three and six months ended June 30, 2014 and 2013:
 
Three months ended June 30,
 
Six months ended June 30,
 
2014
 
2013
 
2014
 
2013
BASIC
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to common shareholders
$
16,901

 
$
(8,477
)
 
$
17,237

 
$
(19,701
)
Income (loss) from discontinued operations attributable to common shareholders
(4,159
)
 
7,628

 
(5,333
)
 
11,557

Net income (loss) attributable to common shareholders
$
12,742

 
$
(849
)
 
$
11,904

 
$
(8,144
)
Weighted-average number of common shares outstanding
228,368,053

 
211,619,288

 
227,765,718

 
200,487,623

Income (loss) per common share:
 

 
 

 
 

 
 

Income (loss) from continuing operations
$
0.07

 
$
(0.04
)
 
$
0.07

 
$
(0.10
)
Income (loss) from discontinued operations
(0.02
)
 
0.04

 
(0.02
)
 
0.06

Net income (loss) attributable to common shareholders
$
0.05

 
$

 
$
0.05

 
$
(0.04
)
 
 
 
 
 
 
 
 
DILUTED
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to common shareholders - basic
$
16,901

 
$
(8,477
)
 
$
17,237

 
$
(19,701
)
Impact of assumed conversions:
 
 
 
 
 
 
 
Share options

 

 

 

Income (loss) from continuing operations attributable to common shareholders
16,901

 
(8,477
)
 
17,237

 
(19,701
)
Income (loss) from discontinued operations attributable to common shareholders - basic
(4,159
)
 
7,628

 
(5,333
)
 
11,557

Impact of assumed conversions:
 
 
 
 
 
 
 
Share options

 

 

 

Income (loss) from discontinued operations attributable to common shareholders
(4,159
)
 
7,628

 
(5,333
)
 
11,557

Net income (loss) attributable to common shareholders
$
12,742

 
$
(849
)
 
$
11,904

 
$
(8,144
)
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding - basic
228,368,053

 
211,619,288

 
227,765,718

 
200,487,623

Effect of dilutive securities:
 
 
 
 
 
 
 
Share options
483,131

 

 
509,890

 

Weighted-average common shares outstanding
228,851,184

 
211,619,288

 
228,275,608

 
200,487,623

 
 
 
 
 
 
 
 
Income (loss) per common share:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.07

 
$
(0.04
)
 
$
0.07

 
$
(0.10
)
Income (loss) from discontinued operations
(0.02
)
 
0.04

 
(0.02
)
 
0.06

Net income (loss) attributable to common shareholders
$
0.05

 
$

 
$
0.05

 
$
(0.04
)

For per common share amounts, all incremental shares are considered anti-dilutive for periods that have a loss from continuing operations attributable to common shareholders. In addition, other common share equivalents may be anti-dilutive in certain periods.