NET INCOME PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2013

NET INCOME PER COMMON SHARE

Schedule of computation of net income per common share

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2013			2012			2013			2012
Net income attributable to common stockholders	$	29,245		$	38,606		$	95,136		$	81,233
Add: Income allocated to noncontrolling interest - Preferred Operating Partnership and Operating Partnership	3,092			2,938			8,210			7,563
Subtract: Fixed component of income allocated to noncontrolling interest - Preferred Operating Partnership	(1,438		)	(1,438		)	(4,313		)	(4,313		)
Net income for diluted computations	$	30,899		$	40,106		$	99,033		$	84,483
Weighted average common shares outstanding:
Average number of common shares outstanding - basic	111,231,452			104,252,227			111,060,997			100,429,840
Operating Partnership units	4,346,618			3,060,467			4,346,618			3,060,467
Series A Preferred Operating Partnership units	989,980			989,980			989,980			989,980
Series B Preferred Operating Partnership units	733,731			—			733,731			—
Shares related to dilutive and cancelled stock options	302,734			452,642			351,684			500,889
Average number of common shares outstanding - diluted	117,604,515			108,755,316			117,483,010			104,981,176
Net income per common share
Basic	$	0.26		$	0.37		$	0.86		$	0.81
Diluted	$	0.26		$	0.37		$	0.84		$	0.80