|
| | | | | | | |
| Three Months Ended March 31, |
| 2012 | | 2011 |
Earnings per Common Share - basic: | | | |
Numerator: | | | |
Income from continuing operations | $ | 13,115 |
| | $ | 11,903 |
|
Net (income) attributable to noncontrolling interests in the Operating Partnership from continuing operations | (571 | ) | | (480 | ) |
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations | (184 | ) | | (123 | ) |
Dividends on Preferred Stock | (627 | ) | | (1,677 | ) |
Income from continuing operations available for common stockholders | 11,733 |
| | 9,623 |
|
Income from discontinued operations | 5,217 |
| | 540 |
|
Net (income) attributable to noncontrolling interests in the Operating Partnership from discontinued operations | (256 | ) | | (27 | ) |
Income from discontinued operations available for common stockholders | 4,961 |
| | 513 |
|
Net income available for common stockholders | $ | 16,694 |
| | $ | 10,136 |
|
Denominator: | | | |
Denominator for basic earnings per Common Share – weighted average shares (1) (2) | 72,836 |
| | 71,817 |
|
Earnings per Common Share - basic: | | | |
Income from continuing operations available for common stockholders | $ | 0.16 |
| | $ | 0.13 |
|
Income from discontinued operations available for common stockholders | 0.07 |
| | 0.01 |
|
Net income available for common stockholders | $ | 0.23 |
| | $ | 0.14 |
|
Earnings per Common Share - diluted: | | | |
Numerator: | | | |
Income from continuing operations | $ | 13,115 |
| | $ | 11,903 |
|
Net (income) attributable to noncontrolling interests in consolidated affiliates from continuing operations | (184 | ) | | (123 | ) |
Dividends on Preferred Stock | (627 | ) | | (1,677 | ) |
Income from continuing operations available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership | 12,304 |
| | 10,103 |
|
Income from discontinued operations available for common stockholders | 5,217 |
| | 540 |
|
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership | $ | 17,521 |
| | $ | 10,643 |
|
Denominator: | | | |
Denominator for basic earnings per Common Share –weighted average shares (1) (2) | 72,836 |
| | 71,817 |
|
Add: | | | |
Stock options using the treasury method | 132 |
| | 185 |
|
Noncontrolling interests Common Units | 3,728 |
| | 3,790 |
|
Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions (1) | 76,696 |
| | 75,792 |
|
Earnings per Common Share - diluted: | | | |
Income from continuing operations available for common stockholders | $ | 0.16 |
| | $ | 0.13 |
|
Income from discontinued operations available for common stockholders | 0.07 |
| | 0.01 |
|
Net income available for common stockholders | $ | 0.23 |
| | $ | 0.14 |
|