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EARNINGS PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2018
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 share:
 
For the Three Months Ended March 31,
 
2018
 
2017
 
(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
 
 
 
Income from continuing operations
$
80,060

 
$
155,912

Discontinued operations
(10
)
 
(53
)
Gain on real estate dispositions
48

 
43,289

Net income
80,098

 
199,148

Net income attributable to noncontrolling interests
1,395

 
1,021

Net income attributable to common stockholders          
$
78,703

 
$
198,127

Denominator:
 
 
 
Denominator for basic earnings per share—weighted average shares
356,112

 
354,410

Effect of dilutive securities:
 
 
 
Stock options
125

 
452

Restricted stock awards
188

 
164

OP Unitholder Interests
2,428

 
2,546

Denominator for diluted earnings per share—adjusted weighted average shares
358,853

 
357,572

Basic earnings per share:
 
 
 
Income from continuing operations
$
0.22

 
$
0.44

Net income attributable to common stockholders          
0.22

 
0.56

Diluted earnings per share:
 
 
 
Income from continuing operations
$
0.22

 
$
0.44

Net income attributable to common stockholders          
0.22

 
0.55