EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Sep. 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						Nine Months Ended
	September 30,						September 30,
(dollars in thousands, except per share amounts)	2014			2013			2014			2013
Numerator
Income from continuing operations	$	28,564		$	8,895		$	61,524		$	26,451
Less: net income attributable to participating securities	(490		)	(157		)	(1,083		)	(468		)
Income from continuing operations, net of income attributable to participating securities	28,074			8,738			60,441			25,983
Denominator
Weighted average shares for basic earnings per share	59,686			55,460			57,898			54,697
Effect of dilutive securities:
Employee Restricted Share Units and share options	18			26			26			41
Convertible Preferred OP Units	25			—			25			—
Denominator for diluted earnings per share	59,729			55,486			57,949			54,738
Basic earnings per Common Share from continuing operations attributable to Common Shareholders	$	0.47		$	0.16		$	1.04		$	0.47
Diluted earnings per Common Share from continuing operations attributable to Common Shareholders	$	0.47		$	0.16		$	1.04		$	0.47