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Equity (Tables)
 9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Reconciliation of total equity
The following table provides a reconciliation of total equity for the nine months ended September 30, 2014:
(Dollars in thousands, except per share data)
Common
Stock
Additional
Paid-In
Capital
Accumulated
Other
Comprehensive
Income
Cumulative
Net
Income Attributable to Common Stockholders
Cumulative
Dividends
Total
Stockholders’
Equity
Non-controlling Interests
Total
Equity
Balance at December 31, 2013
$
959

$
2,325,228

$
51

$
808,362

$
(1,891,123
)
$
1,243,477

$
1,809

$
1,245,286

Issuance of common stock
21

52,677

—

—

—

52,698

—

52,698

Common stock redemptions
—

(382
)
—

—

—

(382
)
—

(382
)
Stock-based compensation
1

3,399

—

—

—

3,400

—

3,400

Net income
—

—

—

13,814

—

13,814

313

14,127

Dividends to common stockholders ($0.90 per share)
—

—

—

—

(86,923
)
(86,923
)
—

(86,923
)
Distributions to non-controlling interests
—

—

—

—

—

—

(510
)
(510
)
Purchase of noncontrolling interest in consolidated partnership
—

(6,577
)
—

—

—

(6,577
)
(1,612
)
(8,189
)
Balance at September 30, 2014
$
981

$
2,374,345

$
51

$
822,176

$
(1,978,046
)
$
1,219,507

$
—

$
1,219,507
Change in ownership interest in less-than-wholly-owned subsidiary
The following schedule discloses the effects of changes in the Company's ownership interest in its less-than-wholly-owned subsidiary on the Company's stockholders' equity (in thousands):
 
Nine Months Ended September 30, 2014
Net income attributable to common stockholders
$
13,814

Transfers to noncontrolling interest:
 
Net decrease in the Company's additional paid-in capital for purchase of subsidiary partnership interest
(6,577
)
Net transfers to the noncontrolling interest
(6,577
)
Change to the Company's total stockholders' equity from net income attributable to common stockholders and transfers to noncontrolling interest
$
7,237
Reconciliation of beginning and ending common stock outstanding
Common Stock    
The following table provides a reconciliation of the beginning and ending shares of common stock outstanding for the nine months ended September 30, 2014 and the year ended December 31, 2013:
 
September 30, 2014
 
December 31, 2013
Balance, beginning of period
95,924,339

 
87,514,336

Issuance of common stock
2,149,976

 
8,293,369

Nonvested share-based awards, net
44,231

 
116,634

Balance, end of period
98,118,546

 
95,924,339
Earnings (loss) per share
Earnings (Loss) Per Common Share
The following table sets forth the computation of basic and diluted earnings (loss) per common share for the three and nine months ended September 30, 2014 and 2013.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(Dollars in thousands, except per share data)
2014
 
2013
 
2014
 
2013
Weighted average Common Shares outstanding
 
 
 
 
 
 
 
Weighted average Common Shares outstanding
97,651,673

 
95,220,031

 
96,677,774

 
91,665,703

Nonvested shares
(1,793,639
)
 
(1,777,203
)
 
(1,832,242
)
 
(1,794,606
)
Weighted average Common Shares outstanding—Basic
95,858,034

 
93,442,828

 
94,845,532

 
89,871,097

Weighted average Common Shares—Basic
95,858,034

 
93,442,828

 
94,845,532

 
89,871,097

Dilutive effect of restricted stock
1,369,047

 
1,278,902

 
1,346,032

 
—

Dilutive effect of employee stock purchase plan
101,963

 
114,264

 
118,854

 
—

Weighted average Common Shares outstanding—Diluted
97,329,044

 
94,835,994

 
96,310,418

 
89,871,097

Net Income (Loss)
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
8,537

 
$
4,614

 
$
25,233

 
$
(22,372
)
Noncontrolling interests’ share in net (income) loss
(162
)
 
(18
)
 
(313
)
 
34

Income (loss) from continuing operations attributable to common stockholders
8,375

 
4,596

 
24,920

 
(22,338
)
Discontinued operations
(4,384
)
 
15,169

 
(11,106
)
 
16,899

Net income (loss) attributable to common stockholders
$
3,991

 
$
19,765

 
$
13,814

 
$
(5,439
)
Basic Earnings (Loss) Per Common Share

 

 
 
 
 
Income (loss) from continuing operations
$
0.09

 
$
0.05

 
$
0.27

 
$
(0.25
)
Discontinued operations
(0.05
)
 
0.16

 
(0.12
)
 
0.19

Net income (loss) attributable to common stockholders
$
0.04

 
$
0.21

 
$
0.15

 
$
(0.06
)
Diluted Earnings (Loss) Per Common Share

 

 
 
 
 
Income (loss) from continuing operations
$
0.09

 
$
0.05

 
$
0.26

 
$
(0.25
)
Discontinued operations
(0.05
)
 
0.16

 
(0.12
)
 
0.19

Net income (loss) attributable to common stockholders
$
0.04

 
$
0.21

 
$
0.14

 
$
(0.06
)
Summary of the activity under the Incentive Plan
A summary of the activity under the stock-based incentive plans for the three and nine months ended September 30, 2014 and 2013 is included in the table below.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Stock-based awards, beginning of period
1,837,855

 
1,778,083

 
1,788,168

 
1,770,061

Granted
—

 
—

 
128,199

 
87,043

Vested
(4,911
)
 
(890
)
 
(83,423
)
 
(79,911
)
Forfeited
(67,798
)
 
—

 
(67,798
)
 
—

Stock-based awards, end of period
1,765,146

 
1,777,193

 
1,765,146

 
1,777,193
Summary of employee stock purchase plan activity
A summary of the activity under the Employee Stock Purchase Plan for the three and nine months ended September 30, 2014 and 2013 is included in the table below.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Outstanding and exercisable, beginning of period
440,471

 
433,801

 
391,108

 
433,452

Granted
—

 
—

 
275,655

 
246,717

Exercised
(11,668
)
 
(7,478
)
 
(40,988
)
 
(60,483
)
Forfeited
(5,219
)
 
(14,007
)
 
(44,316
)
 
(36,819
)
Expired
—

 
—

 
(157,875
)
 
(170,551
)
Outstanding and exercisable, end of period
423,584

 
412,316

 
423,584

 
412,316