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EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share from Continuing Operations
The following table sets forth the computation of basic and diluted earnings per share from continuing operations for the periods indicated:

2.    EARNINGS PER COMMON SHARE (continued)
 
Three Months Ended
Six Months Ended
 
June 30,
June 30,
(dollars in thousands, except per share amounts)
2014
 
2013
2014
 
2013
Numerator
 
 
 
 
 
 
Income from continuing operations
$
11,365

 
$
7,967

$
32,960

 
$
17,558

Less: net income attributable to participating securities
(197
)
 
(140
)
(585
)
 
(311
)
Income from continuing operations, net of income attributable to participating securities
11,168

 
7,827

32,375

 
17,247

 
 
 
 
 
 
 
Denominator
 

 
 

 
 
 
Weighted average shares for basic earnings per share
58,013

 
55,171

56,989

 
54,309

Effect of dilutive securities:
 

 
 



 
 

Employee Restricted Share Units and share options
19

 
37

28

 
48

 Convertible Preferred OP Units

 

25

 

Denominator for diluted earnings per share
58,032

 
55,208

57,042

 
54,357

 
 
 
 
 
 
 
Basic earnings per Common Share from continuing operations attributable to Common Shareholders
$
0.19

 
$
0.14

$
0.57

 
$
0.32

Diluted earnings per Common Share from continuing operations attributable to Common Shareholders
$
0.19

 
$
0.14

$
0.57

 
$
0.32