NET INCOME PER COMMON SHARE (Tables)

6 Months Ended

Jun. 30, 2011

NET INCOME PER COMMON SHARE

Schedule of computation of net income per common share

	Three months ended June 30,						Six months ended June 30,
	2011			2010			2011			2010
Net income attributable to common stockholders	$	10,609		$	6,180		$	18,910		$	9,748
Add: Income allocated to noncontrolling interest - Preferred Operating Partnership and Operating Partnership	1,910			1,762			3,754			3,390
Subtract: Fixed component of income allocated to noncontrolling interest - Preferred Operating Partnership	(1,437		)	(1,437		)	(2,875		)	(2,875		)
Net income for diluted computations	$	11,082		$	6,505		$	19,789		$	10,263
Weighted average common shares outstanding:
Average number of common shares outstanding - basic	91,439,042			87,367,967			89,733,518			87,122,064
Operating Partnership units	3,049,935			3,627,368			3,049,935			3,627,368
Preferred Operating Partnership units	989,980			989,980			989,980			989,980
Dilutive and cancelled stock options	531,891			319,516			562,708			286,738
Average number of common shares outstanding - diluted	96,010,848			92,304,831			94,336,141			92,026,150
Net income per common share
Basic	$	0.12		$	0.07		$	0.21		$	0.11
Diluted	$	0.12		$	0.07		$	0.21		$	0.11