XML 33 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Reconciliation Of Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2014

 

 

2013

 

 

2014

 

 

2013

NUMERATOR:

 

 

 

 

 

 

 

 

 

 

 

 

Basic and Diluted*

 

 

 

 

 

 

 

 

 

 

 

 

Income from Continuing Operations

 

$

58,586 

 

$

18,073 

 

$

53,488 

 

$

11,512 

(Income) Loss from Continuing Operations allocated to Noncontrolling Interests

 

 

(1,655)

 

 

(210)

 

 

(1,196)

 

 

425 

Distributions to Preferred Shareholders

 

 

(3,589)

 

 

(3,589)

 

 

(7,178)

 

 

(7,433)

Dividends Paid on Unvested Restricted Shares

 

 

(125)

 

 

(227)

 

 

(255)

 

 

(469)

Extinguishment of Issuance Costs Upon Redemption of Series A Preferred Stock

 

 

 -

 

 

 -

 

 

 -

 

 

(2,250)

Income (Loss) from Continuing Operations attributable to Common Shareholders

 

 

53,217 

 

 

14,047 

 

 

44,859 

 

 

1,785 

 

 

 

 

 

 

 

 

 

 

 

 

 

Discontinued Operations

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) from Discontinued Operations

 

 

 -

 

 

12 

 

 

(1,415)

 

 

(1,103)

Loss from Discontinued Operations allocated to Noncontrolling Interests

 

 

 -

 

 

 -

 

 

48 

 

 

38 

Income (Loss) from Discontinued Operations attributable to Common Shareholders

 

 

 -

 

 

12 

 

 

(1,367)

 

 

(1,065)

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income attributable to Common Shareholders

 

$

53,217 

 

$

14,059 

 

$

43,492 

 

$

720 

 

 

 

 

 

 

 

 

 

 

 

 

 

DENOMINATOR:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares - basic

 

 

198,494,473 

 

 

198,633,051 

 

 

199,612,898 

 

 

197,835,465 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Restricted Stock Awards (unvested)

 

 

1,232,850 

 

 

2,372,903 

 

 

1,029,050 

 

 

1,480,158 

Contingently Issued Shares

 

 

486,231 

 

 

195,383 

 

 

373,633 

 

 

1,768,277 

Weighted average number of common shares - diluted

 

 

200,213,554 

 

 

201,201,337 

 

 

201,015,581 

 

 

201,083,900 

 

*Income (loss) allocated to noncontrolling interest in HHLP has been excluded from the numerator and units of limited partnership interest in HHLP have been omitted from the denominator for the purpose of computing diluted earnings per share since the effect of including these amounts in the numerator and denominator would have no impact.  In addition, potentially dilutive common shares, if any, have been excluded from the denominator if they are anti-dilutive to income (loss) from continuing operations applicable to common shareholders.

Potentially Dilutive Shares Excluded From The Denominator For The Purpose Of Computing Diluted Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

2014

 

2013

 

2014

 

2013

 

 

 

 

 

 

 

 

 

Common Units of Limited Partnership Interest

 

6,914,716 

 

6,944,496 

 

6,914,716 

 

7,022,238 

Total potentially dilutive securities
excluded from the denominator

 

6,914,716 

 

6,944,496 

 

6,914,716 

 

7,022,238