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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Components of Earnings Per Share - Basic and Diluted
Earnings per common share – basic and diluted components for the periods indicated are as follows (in thousands):
 
Three Months Ended
March 31,
 
2013
 
2012
Numerator:
 
 
 
Continuing Operations:
 
 
 
Income from continuing operations
$
44,830

 
$
14,931

Gain on sale of property
142

 
440

Net income attributable to noncontrolling interests
(1,467
)
 
(1,441
)
Dividends on preferred shares
(7,440
)
 
(8,869
)
Redemption costs of preferred shares
(2,242
)
 
—

Income from continuing operations attributable to
common shareholders – basic and diluted
$
33,823

 
$
5,061

Discontinued Operations:
 
 
 
(Loss) income from discontinued operations attributable to
common shareholders – basic and diluted
$
(155
)
 
$
7,267

Denominator:
 
 
 
Weighted average shares outstanding - basic
121,058

 
120,481

Effect of dilutive securities:
 
 
 
Share options and awards
1,165

 
960

Weighted average shares outstanding - diluted
122,223

 
121,441
Schedule Of Anti-Dilutive Securities
Anti-dilutive securities of our common shares, which are excluded from the calculation of earnings per common share – diluted, are as follows (in thousands):
 
Three Months Ended
March 31,
 
2013
 
2012
Share options (1)
2,313

 
3,147

Operating partnership units
1,556

 
1,584

Total anti-dilutive securities
3,869

 
4,731

_______________
(1)
Exclusion results as exercise prices were greater than the average market price for each respective period.