EARNINGS PER COMMON SHARE

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE

The following table shows the amounts used in computing our basic and diluted earnings per common share:

	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2015		2014			2015			2014
	(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
Income from continuing operations attributable to common stockholders, including real estate dispositions	$	149,754	$	138,653		$	270,619		$	256,669
Discontinued operations	67		(255		)	(356		)	2,776
Net income attributable to common stockholders	$	149,821	$	138,398		$	270,263		$	259,445
Denominator:
Denominator for basic earnings per share—weighted average shares	330,715		293,988			327,890			293,932
Effect of dilutive securities:
Stock options	341		530			436			456
Restricted stock awards	41		59			60			53
OP units	2,929		1,927			3,038			1,928
Denominator for diluted earnings per share—adjusted weighted average shares	334,026		296,504			331,424			296,369
Basic earnings per share:
Income from continuing operations attributable to common stockholders, including real estate dispositions	$	0.45	$	0.47		$	0.82		$	0.87
Discontinued operations	0.00		(0.00		)	(0.00		)	0.01
Net income attributable to common stockholders	$	0.45	$	0.47		$	0.82		$	0.88
Diluted earnings per share:
Income from continuing operations attributable to common stockholders, including real estate dispositions	$	0.45	$	0.47		$	0.82		$	0.87
Discontinued operations	0.00		(0.00		)	(0.00		)	0.01
Net income attributable to common stockholders	$	0.45	$	0.47		$	0.82		$	0.88