Earnings Per Share

6 Months Ended

Jun. 30, 2011

Earnings Per Share [Abstract]

EARNINGS PER SHARE

2. EARNINGS PER SHARE

For the three and six months ended June 30, 2011 and 2010, basic and diluted earnings (loss) per share are calculated using the weighted average number of common shares outstanding during the period. The basic earnings (loss) per share calculation includes all vested and unvested restricted shares as a result of their dividend participation rights.

The following is a summary of the income (loss) from continuing operations available for common stockholders and weighted average shares outstanding (in thousands):

	For the Three Months					For the Six Months
	Ended					Ended
	June 30,					June 30,
	2011		2010			2011		2010
Net income (loss) (basic and diluted)	$	8,700	$	(4,221	)	$	12,785	$	(6,735	)
Weighted average shares outstanding (basic and diluted)		52,282		54,869			53,467		54,718