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EARNINGS PER COMMON SHARE
9 Months Ended
Sep. 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 September 30,
 
For the Nine Months Ended September 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
$
45,235

 
$
90,961

 
$
279,681

 
$
289,551

Discontinued operations
(22,383
)
 
18,171

 
13,434

 
79,026

Net income attributable to common stockholders          
$
22,852

 
$
109,132

 
$
293,115

 
$
368,577

Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings per share—weighted average shares
332,491

 
294,030

 
329,440

 
293,965

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options
307

 
492

 
401

 
468

Restricted stock awards
22

 
47

 
49

 
51

OP units
3,518

 
1,926

 
3,320

 
1,927

Denominator for diluted earnings per share—adjusted weighted average shares
336,338

 
296,495

 
333,210

 
296,411

Basic earnings per share:
 
 
 
 
 
 
 
Income from continuing operations attributable to common stockholders, including real estate dispositions
$
0.14

 
$
0.31


$
0.85


$
0.98

Discontinued operations
(0.07
)
 
0.06


0.04


0.27

Net income attributable to common stockholders          
$
0.07

 
$
0.37


$
0.89


$
1.25

Diluted earnings per share:
 
 
 
 
 
 
 
Income from continuing operations attributable to common stockholders, including real estate dispositions
$
0.14

 
$
0.31


$
0.84


$
0.97

Discontinued operations
(0.07
)
 
0.06


0.04


0.27

Net income attributable to common stockholders          
$
0.07

 
$
0.37


$
0.88


$
1.24