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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Components Of Earnings Per Common Share - Basic And Diluted
Earnings per common share – basic and diluted components for the periods indicated are as follows (in thousands):
 
Year Ended December 31,
 
2013
 
2012
 
2011
Numerator:
 
 
 
 
 
Continuing Operations:

 



Income (loss) from continuing operations
$
135,372

 
$
60,511

 
$
(12,202
)
Gain on sale of property
762

 
1,004

 
1,304

Net (income) loss attributable to noncontrolling interests
(5,545
)
 
(4,527
)
 
310

Dividends on preferred shares
(18,173
)
 
(34,930
)
 
(35,476
)
Redemption costs of preferred shares
(17,944
)
 
(2,500
)
 

Income (loss) from continuing operations attributable to common
shareholders – basic and diluted
$
94,472

 
$
19,558

 
$
(46,064
)
Discontinued Operations:
 
 
 
 
 
Income from discontinued operations
$
129,022

 
$
90,906

 
$
27,637

Net income attributable to noncontrolling interests
(39,349
)
 
(1,254
)
 
(1,428
)
Income from discontinued operations attributable to common
shareholders – basic and diluted
$
89,673

 
$
89,652

 
$
26,209

Denominator:
 
 
 
 
 
Weighted average shares outstanding - basic
121,269

 
120,696

 
120,331

Effect of dilutive securities:
 
 
 
 
 
Share options and awards
1,191

 
1,009

 

Weighted average shares outstanding - diluted
122,460

 
121,705

 
120,331

Anti-Dilutive Securities Of Common Shares
Anti-dilutive securities of our common shares, which are excluded from the calculation of earnings per common share – diluted, are as follows (in thousands):
 
Year Ended December 31,
 
2013
 
2012
 
2011
Share options (1)
1,929

 
2,354

 
3,158

Operating partnership units
1,554

 
1,578

 
1,617

Share options and awards

 

 
894

Total anti-dilutive securities
3,483

 
3,932

 
5,669

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