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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
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):
 
Three Months Ended
March 31,
 
2017
 
2016
Numerator:
 
 
 
Income from continuing operations
$
20,633

 
$
63,510

Gain on sale of property
15,763

 
45,157

Net income attributable to noncontrolling interests
(5,570
)
 
(1,593
)
Net income attributable to common shareholders - basic
30,826


107,074

Income attributable to operating partnership units

 
499

Net income attributable to common shareholders - diluted
$
30,826

 
$
107,573

Denominator:
 
 
 
Weighted average shares outstanding – basic
127,610

 
123,593

Effect of dilutive securities:
 
 
 
Share options and awards
938

 
1,216

Operating partnership units

 
1,462

Weighted average shares outstanding – diluted
128,548

 
126,271

Schedule Of 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):
 
Three Months Ended
March 31,
 
2017
 
2016
Share options (1)

 
463

Operating partnership units
1,462

 

Total anti-dilutive securities
1,462

 
463

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