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Beneficiaries Equity of The Parent Company (Tables)
12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Earnings per Share (EPS)
BENEFICIARIES’ EQUITY OF THE PARENT COMPANY
Earnings per Share (EPS)
The following tables detail the number of shares and net income used to calculate basic and diluted earnings per share (in thousands, except share and per share amounts; results may not add due to rounding):
 
Year ended December 31,
 
2013
 
2012
 
2011
 
Basic
 
Diluted
 
Basic
 
Diluted
 
Basic
 
Diluted
Numerator
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
38,982

 
$
38,982

 
$
(37,309
)
 
$
(37,309
)
 
$
(24,556
)
 
$
(24,556
)
Net (income) loss from continuing operations attributable to non-controlling interests
(357
)
 
(357
)
 
863

 
863

 
994

 
994

Amount allocable to unvested restricted shareholders
(363
)
 
(363
)
 
(376
)
 
(376
)
 
(505
)
 
(505
)
Preferred share dividends
(6,900
)
 
(6,900
)
 
(10,405
)
 
(10,405
)
 
(7,992
)
 
(7,992
)
Preferred share redemption charge

 

 
(4,052
)
 
(4,052
)
 

 

Income (loss) from continuing operations available to common shareholders
31,362

 
31,362

 
(51,279
)
 
(51,279
)
 
(32,059
)
 
(32,059
)
Income from discontinued operations
4,207

 
4,207

 
43,838

 
43,838

 
19,841

 
19,841

Discontinued operations attributable to non-controlling interests
(55
)
 
(55
)
 
(797
)
 
(797
)
 
(778
)
 
(778
)
Discontinued operations attributable to common shareholders
4,152

 
4,152

 
43,041

 
43,041

 
19,063

 
19,063

Net income (loss) attributable to common shareholders
$
35,514

 
$
35,514

 
$
(8,238
)
 
$
(8,238
)
 
$
(12,996
)
 
$
(12,996
)
Denominator
 
 
 
 
 
 
 
 
 
 
 
Weighted-average shares outstanding
153,140,458

 
153,140,458

 
143,257,097

 
143,257,097

 
135,444,424

 
135,444,424

Contingent securities/Share based compensation

 
1,273,853

 

 

 

 

Total weighted-average shares outstanding
153,140,458

 
154,414,311

 
143,257,097

 
143,257,097

 
135,444,424

 
135,444,424

Earnings per Common Share:
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to common shareholders
$
0.20

 
$
0.20

 
$
(0.36
)
 
$
(0.36
)
 
$
(0.24
)
 
$
(0.24
)
Discontinued operations attributable to common shareholders
0.03

 
0.03

 
0.30

 
0.30

 
0.14

 
0.14

Net income (loss) attributable to common shareholders
$
0.23

 
$
0.23

 
$
(0.06
)
 
$
(0.06
)
 
$
(0.10
)
 
$
(0.10
)