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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per common share for the years ended December 31, 2015, 2014 and 2013 (amounts in thousands, except per share data):
 
Years Ended December 31,
 
2015
 
2014
 
2013
Numerators:
 
 
 
 
 
Income from Continuing Operations:
 
 
 
 
 
Income from continuing operations
$
150,512

 
$
138,468

 
$
77,247

Amounts allocated to dilutive securities
(11,141
)
 
(10,463
)
 
(5,617
)
Preferred Stock distributions
(9,226
)
 
(9,274
)
 
(9,280
)
Income from continuing operations available to Common Stockholders – basic
130,145

 
118,731

 
62,350

Amounts allocated to dilutive securities
11,141

 
10,463

 
5,617

Income from continuing operations available to Common Stockholders – fully diluted
$
141,286

 
$
129,194

 
$
67,967

Income from Discontinued Operations:
 
 
 
 
 
Income from discontinued operations, net of amounts allocated to dilutive securities
$

 
$

 
$
44,569

Net Income Available for Common Stockholders:
 
 
 
 
 
Net income available for Common Stockholders—basic
$
130,145

 
$
118,731

 
$
106,919

Amounts allocated to dilutive securities
11,141

 
10,463

 
9,706

Net income available for Common Stockholders—fully diluted
$
141,286

 
$
129,194

 
$
116,625

Denominator:
 
 
 
 
 
Weighted average Common Stockholders outstanding—basic
84,031

 
83,362

 
83,018

Effect of dilutive securities:
 
 
 
 
 
Redemption of Common OP Units for Common Stockholders
7,216

 
7,411

 
7,549

Stock options and restricted Stockholders
660

 
738

 
629

Weighted average Common Stockholders outstanding—fully diluted
91,907

 
91,511

 
91,196

 
 
 
 
 
 
Earnings per Common Share—Basic:
 
 
 
 
 
Income from continuing operations
$
1.55

 
$
1.42

 
$
0.75

Income from discontinued operations

 

 
0.54

Net income available for Common Stockholders
$
1.55

 
$
1.42

 
$
1.29

 
 
 
 
 
 
Earnings per Common Share—Fully Diluted:
 
 
 
 
 
Income from continuing operations
$
1.54

 
$
1.41

 
$
0.75

Income from discontinued operations

 

 
0.53

Net income available for Common Stockholders
$
1.54

 
$
1.41

 
$
1.28