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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
The following table summarizes the Company’s computation of basic and diluted earnings per share (EPS) for the three and six months ended June 30, 2014 and 2013 (amounts in thousands except per share information):
 
Three months ended June 30, 2014
 
Six months ended June 30, 2014
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
40,764

 
 
 
 
 
$
80,905

 
 
 
 
Less: preferred dividend requirements
(5,952
)
 
 
 
 
 
(11,904
)
 
 
 
 
Income from continuing operations available to common shareholders
$
34,812

 
53,458

 
$
0.65

 
$
69,001

 
53,002

 
$
1.31

Income (loss) from discontinued operations available to common shareholders
$
(4
)
 
53,458

 
$

 
$
3,387

 
53,002

 
$
0.06

Net income available to common shareholders
$
34,808

 
53,458

 
$
0.65

 
$
72,388

 
53,002

 
$
1.37

Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations available to common shareholders
$
34,812

 
53,458

 
 
 
$
69,001

 
53,002

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Share options

 
196

 
 
 

 
187

 
 
Income from continuing operations available to common shareholders
$
34,812

 
53,654

 
$
0.65

 
$
69,001

 
53,189

 
$
1.30

Income (loss) from discontinued operations available to common shareholders
$
(4
)
 
53,654

 
$

 
$
3,387

 
53,189

 
$
0.06

Net income available to common shareholders
$
34,808

 
53,654

 
$
0.65

 
$
72,388

 
53,189

 
$
1.36




 
Three months ended June 30, 2013
 
Six months ended June 30, 2013
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
31,847

 
 
 
 
 
$
72,723

 
 
 
 
Less: preferred dividend requirements
(5,952
)
 
 
 
 
 
(11,904
)
 
 
 
 
Income from continuing operations available to common shareholders
$
25,895

 
47,081

 
$
0.55

 
$
60,819

 
46,969

 
$
1.30

Income from discontinued operations available to common shareholders
$
629

 
47,081

 
$
0.01

 
$
959

 
46,969

 
$
0.02

Net income available to common shareholders
$
26,524

 
47,081

 
$
0.56

 
$
61,778

 
46,969

 
$
1.32

Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations available to common shareholders
$
25,895

 
47,081

 
 
 
$
60,819

 
46,969

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Share options

 
213

 
 
 

 
203

 
 
Income from continuing operations available to common shareholders
$
25,895

 
47,294

 
$
0.55

 
$
60,819

 
47,172

 
$
1.29

Income from discontinued operations available to common shareholders
$
629

 
47,294

 
$
0.01

 
$
959

 
47,172

 
$
0.02

Net income available to common shareholders
$
26,524

 
47,294

 
$
0.56

 
$
61,778

 
47,172

 
$
1.31