Earnings and Dividends Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Reconciliation of Net Income Loss from Continuing Operations and Number of Common Shares Used in Computations of "Basic" EPS and "Diluted" EPS

The following table provides a reconciliation of net loss from continuing operations and the number of common shares used in the computations of “basic” EPS, which utilizes the weighted-average number of common shares outstanding without regard to dilutive potential common shares, and “diluted” EPS, which includes all such shares (in thousands, except per share amounts):

	For the Year Ended December 31,
	2012			2011			2010
Basic Earnings:
Continuing Operations:
Loss from continuing operations	$	(14,776	)	$	(7,886	)	$	(162,253	)
Plus: Gain on disposition of real estate		5,863			7,079			1,318
Plus: (Loss) income attributable to non-controlling interests		(493	)		3,543			12,071
(Loss) income from continuing operations attributable to DDR		(9,406	)		2,736			(148,864	)
Write-off of preferred share original issuance costs		(5,804	)		(6,402	)		—
Preferred dividends		(28,645	)		(31,587	)		(42,269	)
Basic — Loss from continuing operations attributable to DDR common shareholders		(43,855	)		(35,253	)		(191,133	)
Less: Earnings attributable to unvested shares and operating partnership units		(1,114	)		(488	)		(155	)
Basic — Loss from continuing operations	$	(44,969	)	$	(35,741	)	$	(191,288	)
Discontinued Operations:
Loss from discontinued operations		(16,416	)		(18,590	)		(86,786	)
Plus: Income attributable to non-controlling interests		—			—			26,292
Basic — Loss from discontinued operations		(16,416	)		(18,590	)		(60,494	)
Basic — Net loss attributable to DDR common shareholders after allocation to participating securities	$	(61,385	)	$	(54,331	)	$	(251,782	)
Diluted Earnings:
Continuing Operations:
Basic — Loss from continuing operations attributable to DDR common shareholders	$	(43,855	)	$	(35,253	)	$	(191,133	)
Less: Earnings attributable to unvested shares and operating partnership units		(1,114	)		(488	)		(155	)
Less: Fair value of Otto Family warrants		—			(21,926	)		—
Diluted — Loss from continuing operations	$	(44,969	)	$	(57,667	)	$	(191,288	)
Discontinued Operations:
Basic — Loss from discontinued operations		(16,416	)		(18,590	)		(60,494	)
Diluted — Net loss attributable to DDR common shareholders after allocation to participating securities	$	(61,385	)	$	(76,257	)	$	(251,782	)
Number of Shares:
Basic — Average shares outstanding		291,726			270,278			244,712
Effect of dilutive securities — Warrants		—			1,194			—
Diluted — Average shares outstanding		291,726			271,472			244,712
Basic Earnings Per Share:
Loss from continuing operations attributable to DDR common shareholders	$	(0.15	)	$	(0.13	)	$	(0.78	)
Loss from discontinued operations attributable to DDR common shareholders		(0.06	)		(0.07	)		(0.25	)
Net loss attributable to DDR common shareholders	$	(0.21	)	$	(0.20	)	$	(1.03	)
Dilutive Earnings Per Share:
Loss from continuing operations attributable to DDR common shareholders	$	(0.15	)	$	(0.21	)	$	(0.78	)
Loss from discontinued operations attributable to DDR common shareholders		(0.06	)		(0.07	)		(0.25	)
Net loss attributable to DDR common shareholders	$	(0.21	)	$	(0.28	)	$	(1.03	)