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Partners Equity of the Operating Partnership (Tables)
9 Months Ended
Sep. 30, 2015
Equity [Abstract]  
Earnings Per Common Partnership Unit
The following tables detail the number of units and net income used to calculate basic and diluted earnings per common partnership unit (in thousands, except unit and per unit amounts; results may not add due to rounding):
 
Three-month periods ended September 30,
 
2015
 
2014
 
Basic
 
Diluted
 
Basic
 
Diluted
Numerator
 
 
 
 
 
 
 
Income from continuing operations
$
20,308

 
$
20,308

 
$
8,885

 
$
8,885

Nonforfeitable dividends allocated to unvested restricted unitholders
(76
)
 
(76
)
 
(82
)
 
(82
)
Preferred unit dividends
(1,725
)
 
(1,725
)
 
(1,725
)
 
(1,725
)
Net loss attributable to non-controlling interests
(1
)
 
(1
)
 
(24
)
 
(24
)
Net income from continuing operations available to common unitholders
18,506

 
18,506

 
7,054

 
7,054

Discontinued operations attributable to common unitholders

 

 
(3
)
 
(3
)
Net income attributable to common unitholders
$
18,506

 
$
18,506

 
$
7,051

 
$
7,051

Denominator
 
 
 
 
 
 
 
Weighted-average units outstanding
179,723,139

 
179,723,139

 
173,341,782

 
173,341,782

Contingent securities/Share based compensation

 
588,647

 

 
1,587,148

Total weighted-average units outstanding
179,723,139

 
180,311,786

 
173,341,782

 
174,928,930

Earnings per Common Partnership Unit:
 
 
 
 
 
 
 
Income from continuing operations attributable to common unitholders
$
0.10

 
$
0.10

 
$
0.04

 
$
0.04

Discontinued operations attributable to common unitholders

 

 

 

Net income attributable to common unitholders
$
0.10

 
$
0.10

 
$
0.04

 
$
0.04

 
 
 
 
 
 
 
 
 
Nine-month periods ended September 30,
 
2015
 
2014
 
Basic
 
Diluted
 
Basic
 
Diluted
Numerator
 
 
 
 
 
 
 
Income from continuing operations
$
31,960

 
$
31,960

 
$
7,893

 
$
7,893

Amount allocable to unvested restricted unitholders
(253
)
 
(253
)
 
(268
)
 
(268
)
Preferred unit dividends
(5,175
)
 
(5,175
)
 
(5,175
)
 
(5,175
)
Net income attributable to non-controlling interests
4

 
4

 
(12
)
 
(12
)
Income from continuing operations available to common unitholders
26,536

 
26,536

 
2,438

 
2,438

Discontinued operations attributable to common unitholders

 

 
918

 
918

Net income attributable to common unitholders
$
26,536

 
$
26,536

 
$
3,356

 
$
3,356

Denominator
 
 
 
 
 
 
 
Weighted-average units outstanding
180,733,816

 
180,733,816

 
163,620,963

 
163,620,963

Contingent securities/Share based compensation

 
789,778

 

 
1,487,015

Total weighted-average units outstanding
180,733,816

 
181,523,594

 
163,620,963

 
165,107,978

Earnings per Common Partnership Unit:
 
 
 
 
 
 
 
Income from continuing operations attributable to common unitholders
$
0.15

 
$
0.15

 
$
0.01

 
$
0.01

Discontinued operations attributable to common unitholders

 

 
0.01

 
0.01

Net income attributable to common unitholders
$
0.15

 
$
0.15

 
$
0.02

 
$
0.02