Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per common share

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

	For the Year Ended December 31,
	2017			2016			2015
	(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
Income from continuing operations	$	643,949		$	554,209		$	389,539
Discontinued operations	(110		)	(922		)	11,103
Gain on real estate dispositions	717,273			98,203			18,580
Net income	1,361,112			651,490			419,222
Net income attributable to noncontrolling interests	4,642			2,259			1,379
Net income attributable to common stockholders	$	1,356,470		$	649,231		$	417,843
Denominator:
Denominator for basic earnings per share—weighted average shares	355,326			344,703			330,311
Effect of dilutive securities:
Stock options	494			569			360
Restricted stock awards	265			176			41
OP Unitholder interests	2,481			2,942			3,295
Denominator for diluted earnings per share—adjusted weighted average shares	358,566			348,390			334,007
Basic earnings per share:
Income from continuing operations	$	1.81		$	1.61		$	1.18
Net income attributable to common stockholders	3.82			1.88			1.26
Diluted earnings per share:
Income from continuing operations	$	1.80		$	1.59		$	1.17
Net income attributable to common stockholders	3.78			1.86			1.25