EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2015

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:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(dollars in thousands, except per share amounts)	2015			2014			2015			2014
Numerator
Income from continuing operations	$	13,776		$	28,564		$	56,818		$	61,524
Less: net income attributable to participating securities	(196		)	(490		)	(810		)	(1,083		)
Income from continuing operations, net of income attributable to participating securities	13,580			28,074			56,008			60,441
Denominator
Weighted average shares for basic earnings per share	68,943			59,686			68,690			57,898
Effect of dilutive securities:
Employee Restricted Share Units and share options	14			18			24			26
Convertible Preferred OP Units	—			25			25			25
Denominator for diluted earnings per share	68,957			59,729			68,739			57,949
Basic and diluted earnings per Common Share from continuing operations attributable to Common Shareholders	$	0.20		$	0.47		$	0.82		$	1.04