(Amounts in thousands, except per share and unit data)

	Three Months Ended September 30, 2013						Three Months Ended September 30, 2012
	Income		Weighted- average Common Shares		Per Common Share Amount		Income		Weighted- average Common Shares		Per Common Share Amount
Basic:
Income from continuing operations available to common stockholders	$	56,644		37,321	$	1.52	$	16,057		35,601	$	0.45
Income from discontinued operations available to common stockholders		12,144		37,321		0.32		162		35,601		0.01
		68,788			$	1.84		16,219			$	0.46

Effect of Dilutive Securities (1)		54		116				-		99

Diluted:
Income from continuing operations available to common stockholders		56,698		37,437	$	1.52		16,057		35,700	$	0.44
Income from discontinued operations available to common stockholders		12,144		37,437		0.32		162		35,700		0.01
	$	68,842			$	1.84	$	16,219			$	0.45

	Nine Months Ended September 30, 2013						Nine Months Ended September 30, 2012
	Income		Weighted Average Common Shares		Per Common Share Amount		Income		Weighted Average Common Shares		Per Common Share Amount
Basic:
Income before discontinued operations available to common stockholders	$	106,337		37,207	$	2.86	$	66,129		34,736	$	1.90
Income from discontinued operations available to common stockholders		12,600		37,207		0.34		9,890		34,736		0.29
		118,937			$	3.20		76,019			$	2.19

Effect of Dilutive Securities (1)		-		89				-		98

Diluted:
Income from continuing operations available to common stockholders (1)		106,337		37,296		2.85	$	66,129		34,834		1.90
Income from discontinued operations available to common stockholders		12,600		37,296		0.34		9,890		34,834		0.28
	$	118,937			$	3.19	$	76,019			$	2.18

(1)

Weighted average convertible limited partnership units of 2,146,929 and 2,235,783, which include vested Series Z-1 incentive units, for the three months ended September 30, 2013, and 2012, respectively, and 2,126,204 and 2,239,987 for the nine months ended September 30, 2013 and 2012, respectively, were not included in the determination of diluted EPS because they were anti-dilutive. Income allocated to convertible limited partnership units, which includes vested Series Z-1 units, aggregating $4.0 million and $1.1 million for the three months ended September 30, 2013 and 2012, respectively, and $7.0 million and $5.2 million for the nine months ended September 30, 2013 and 2012, respectively, have been excluded from income available to common stockholders for the calculation of diluted income per common share since these units are excluded from the diluted weighted average common shares for the period as the effect was anti-dilutive. The Company has the ability to redeem DownREIT limited partnership units for cash and does not consider them to be potentially dilutive securities.

Stock options of 38,825 and 38,825 for the three and nine months ended September 30, 2013, respectively, were not included in the diluted earnings per share calculation because the effects on earnings per share were anti-dilutive.

Shares of Series G cumulative convertible preferred stock have been excluded in diluted earnings per share for the nine months ended September 30, 2013 as the effect was anti-dilutive.