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Earnings Per Share (Tables)
 3 Months Ended
Apr. 30, 2013
Earnings Per Share [Abstract]  
Reconciliation of basic and diluted EPS computations
The reconciliation of the basic and diluted EPS computations is shown in the following table.
 
Three Months Ended April 30,
 
2013
2012
Numerators (in thousands)
 
 
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc.
$
(29,090
)
$
18,906

Preferred dividends
(185
)
(3,850
)
Undistributed earnings allocated to participating securities
—

(487
)
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders ‑ Basic
(29,275
)
14,569

Undistributed earnings allocated to participating securities
—

487

Interest on convertible debt
—

1,110

Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders ‑ Diluted
$
(29,275
)
$
16,166

Net earnings (loss) attributable to Forest City Enterprises, Inc.
$
(19,368
)
$
22,752

Preferred dividends
(185
)
(3,850
)
Undistributed earnings allocated to participating securities
—

(611
)
Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders ‑ Basic
(19,553
)
18,291

Undistributed earnings allocated to participating securities
—

611

Interest on convertible debt
—

1,110

Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders ‑ Diluted
$
(19,553
)
$
20,012

Denominators
 
 
Weighted average shares outstanding ‑ Basic
184,821,775

169,206,594

Effect of stock options and restricted stock
—

937,272

Effect of convertible debt
—

13,755,158

Effect of convertible Class A Common Units
—

3,646,755

Weighted average shares outstanding ‑ Diluted (1) 
184,821,775

187,545,779

Earnings Per Share
 
 
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders ‑ Basic
$
(0.16
)
$
0.09

Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders ‑ Diluted
$
(0.16
)
$
0.09

Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders ‑ Basic
$
(0.11
)
$
0.11

Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders ‑ Diluted
$
(0.11
)
$
0.11

(1)
Incremental shares from dilutive options, restricted stock, performance shares and convertible securities aggregating 37,714,161 for the three months ended April 30, 2013 were not included in the computation of diluted EPS because their effect is anti-dilutive due to the loss from continuing operations. Weighted-average shares issuable upon the conversion of preferred stock and 2018 and 2016 Senior Notes aggregating 34,294,602 for the three months ended April 30, 2012 were not included in the computation of diluted EPS because their effect is anti-dilutive under the if-converted method. Weighted‑average options, restricted stock and performance shares of 4,145,971 for the three months ended April 30, 2013 and 4,485,328 for the three months ended April 30, 2012 were not included in the computation of diluted EPS because their effect is anti-dilutive under the treasury stock method.