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Earnings Per Share of the Parent Company (Tables)
 6 Months Ended
Jun. 30, 2011
Earnings Per Share of the Parent Company  
Computations of Basic and Diluted Earnings Per Share
                               
 
                               
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2011
 
2010
 
2011
 
2010
Basic earnings per share:
 
 
 
 
 
 
 
Net income available to common stockholders
$
3,638

 
$
4,199

 
$
9,168

 
$
8,499

Less: net income allocable and distributions in excess of earnings to participating securities
(279
)
 
(192
)
 
(577
)
 
(383
)
Net income attributable to common stockholders - basic
$
3,359

 
$
4,007

 
$
8,591

 
$
8,116

Diluted earnings per share:

 

 

 

Net income attributable to common stockholders - basic
$
3,359

 
$
4,007

 
$
8,591

 
$
8,116

Add: net income allocable and distributions in excess of earnings to dilutive participating securities
—

 
192

 
—

 
383

Add: net income attributable to noncontrolling interests in operating partnership
82

 
109

 
207

 
237

Net income attributable to common stockholders and participating securities
$
3,441

 
$
4,308

 
$
8,798

 
$
8,736

Weighted-average common shares outstanding:

 

 

 

Basic
129,858,098

 
109,707,274

 
129,815,154

 
104,000,339

Incremental shares from assumed conversion:

 

 

 

Unvested restricted stock
—

 
1,230,236

 
—

 
1,259,753

Operating partnership and LTIP units
2,982,834

 
3,018,567

 
2,987,943

 
3,038,043

Diluted
132,840,932

 
113,956,077

 
132,803,097

 
108,298,135

Basic and diluted earnings per share:

 

 

 

Net income per share attributable to common stockholders, basic and diluted
$
0.03

 
$
0.04

 
$
0.07

 
$
0.08