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Earnings Per Share (Tables)
 9 Months Ended
Oct. 31, 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 October 31,
 
Nine Months Ended October 31,
 
2013
2012
 
2013
2012
Numerators (in thousands)
 
 
 
 
 
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc.
$
152,789

$
(13,927
)
 
$
95,141

$
(40,124
)
Preferred dividends and inducements of preferred stock conversion
—

(17,731
)
 
(185
)
(25,431
)
Undistributed earnings allocated to participating securities
(4,363
)
—

 
(2,783
)
—

Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders ‑ Basic
$
148,426

$
(31,658
)
 
$
92,173

$
(65,555
)
Undistributed earnings allocated to participating securities
4,363

—

 
2,783

—

Interest on convertible debt
4,323

—

 
11,137

—

Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders ‑ Diluted
$
157,112

$
(31,658
)
 
$
106,093

$
(65,555
)
Net earnings (loss) attributable to Forest City Enterprises, Inc.
$
153,329

$
(1,078
)
 
$
117,680

$
(22,043
)
Preferred dividends and inducements of preferred stock conversion
—

(17,731
)
 
(185
)
(25,431
)
Undistributed earnings allocated to participating securities
(4,378
)
—

 
(3,444
)
—

Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders ‑ Basic
$
148,951

$
(18,809
)
 
$
114,051

$
(47,474
)
Undistributed earnings allocated to participating securities
4,378

—

 
3,444

—

Interest on convertible debt
4,323

—

 
11,137

—

Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders ‑ Diluted
$
157,652

$
(18,809
)
 
$
128,632

$
(47,474
)
Denominators
 
 
 
 
 
Weighted average shares outstanding ‑ Basic
197,721,350

170,777,898

 
192,512,992

169,817,482

Effect of stock options, restricted stock and performance shares
1,936,522

—

 
1,460,461

—

Effect of convertible debt
32,138,215

—

 
29,659,197

—

Effect of convertible Class A Common Units
3,646,755

—

 
3,646,755

—

Weighted average shares outstanding ‑ Diluted (1)
235,442,842

170,777,898

 
227,279,405

169,817,482

Earnings Per Share
 
 
 
 
 
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders ‑ Basic
$
0.75

$
(0.19
)
 
$
0.48

$
(0.39
)
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders ‑ Diluted
$
0.67

$
(0.19
)
 
$
0.47

$
(0.39
)
Net earning (loss) attributable to Forest City Enterprises, Inc. common shareholders ‑ Basic
$
0.75

$
(0.11
)
 
$
0.59

$
(0.28
)
Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders ‑ Diluted
$
0.67

$
(0.11
)
 
$
0.57

$
(0.28
)
(1)
Incremental shares from dilutive options, restricted stock, performance shares and convertible securities aggregating 51,666,897 and 52,245,656 for the three and nine months ended October 31, 2012 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 of 108,334 for the nine months ended October 31, 2013 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 3,181,351 and 3,695,539 for the three and nine months ended October 31, 2013, respectively, and 3,751,604 and 4,237,027 for the three and nine months ended October 31, 2012, respectively, were not included in the computation of diluted EPS because their effect is anti-dilutive under the treasury stock method.