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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Reconciliation of Numerators and Denominators Used in Computations of Basic and Diluted Earnings Per Share

The following table reconciles the numerators and denominators used in the computations of basic and diluted earnings per share (in thousands, expect per share data):

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

$

39,019

 

 

$

3,071

 

 

$

33,008

 

 

$

(104,224

)

Net income attributable to noncontrolling  interests

 

720

 

 

 

714

 

 

 

2,168

 

 

 

2,135

 

Preferred stock dividends

 

 

 

 

9,242

 

 

 

11,381

 

 

 

27,219

 

Net income (loss) from continuing operations available

   to common shareholders, basic and diluted

$

38,299

 

 

$

(6,885

)

 

$

19,459

 

 

$

(133,578

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares outstanding

 

264,768

 

 

 

178,140

 

 

 

229,405

 

 

 

178,051

 

Dilutive effect of stock awards

 

8,562

 

 

 

 

 

 

8,589

 

 

 

 

Diluted weighted-average common shares outstanding

 

273,330

 

 

 

178,140

 

 

 

237,994

 

 

 

178,051

 

Basic earnings per share

$

0.14

 

 

$

(0.04

)

 

$

0.08

 

 

$

(0.75

)

Diluted earnings per share

$

0.14

 

 

$

(0.04

)

 

$

0.08

 

 

$

(0.75

)