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Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2015
Equity [Abstract]  
Reconciliation of total equity
The following table provides a reconciliation of total stockholders' equity for the six months ended June 30, 2015:
(Dollars in thousands, except per share data)
Common
Stock
Additional
Paid-In
Capital
Accumulated
Other
Comprehensive
Loss
Cumulative
Net
Income Attributable to Common Stockholders
Cumulative
Dividends
Total
Stockholders’
Equity
Balance at December 31, 2014
$
988

$
2,389,830

$
(2,519
)
$
840,249

$
(2,007,494
)
$
1,221,054

Issuance of common stock
15

40,343

—

—

—

40,358

Common stock redemptions
—

(271
)
—

—

—

(271
)
Stock-based compensation
1

3,077

—

—

—

3,078

Net income
—

—

—

23,298

—

23,298

Amounts reclassified from accumulated other comprehensive loss arising from loss on defined benefit pension plan
—

—

2,519

—

—

2,519

Loss on forward starting interest rate swaps
—

—

(1,653
)
—

—

(1,653
)
Dividends to common stockholders ($0.60 per share)
—

—

—

—

(59,954
)
(59,954
)
Balance at June 30, 2015
$
1,004

$
2,432,979

$
(1,653
)
$
863,547

$
(2,067,448
)
$
1,228,429
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 six months ended June 30, 2015 and the year ended December 31, 2014:
 
June 30, 2015
 
December 31, 2014
Balance, beginning of period
98,828,098

 
95,924,339

Issuance of common stock
1,488,014

 
3,073,445

Nonvested share-based awards, net
102,150

 
(169,686
)
Balance, end of period
100,418,262

 
98,828,098
Schedule of accumulated other comprehensive income (loss)
The following table represents the changes in balances of each component and the amounts reclassified out of accumulated other comprehensive income (loss) related to the Company during the six months ended June 30, 2015 and 2014:
 
Forward-starting Interest Rate Swaps
 
Defined Benefit Pension Plan
(Dollars in thousands)
2015
 
2014
 
2015
 
2014
Beginning balance
$
—

 
$
—

 
$
(2,519
)
 
$
51

Other comprehensive income (loss) before reclassifications
(1,684
)
 
—

 
—

 
—

Amounts reclassified from accumulated other comprehensive loss arising from loss on defined benefit pension plan
—

 
—

 
2,519

 
—

Amounts reclassified from accumulated other comprehensive loss
31

 
—

 
—

 
—

Net accumulated other comprehensive income (loss)
(1,653
)
 
—

 
2,519

 
—

Ending balance
$
(1,653
)
 
$
—

 
$
—


$
51
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 six months ended June 30, 2015 and 2014.
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(Dollars in thousands, except per share data)
2015
 
2014
 
2015
 
2014
Weighted average Common Shares outstanding
 
 
 
 
 
 
 
Weighted average Common Shares outstanding
100,384,606

 
96,353,818

 
99,928,738

 
96,182,753

Nonvested shares
(1,111,579
)
 
(1,846,253
)
 
(1,109,723
)
 
(1,851,863
)
Weighted average Common Shares outstanding—Basic
99,273,027

 
94,507,565

 
98,819,015

 
94,330,890

Weighted average Common Shares—Basic
99,273,027

 
94,507,565

 
98,819,015

 
94,330,890

Dilutive effect of restricted stock
580,989

 
1,363,174

 
599,042

 
1,333,199

Dilutive effect of employee stock purchase plan
91,186

 
106,923

 
136,038

 
123,958

Weighted average Common Shares outstanding—Diluted
99,945,202

 
95,977,662

 
99,554,095

 
95,788,047

Net Income (Loss)
 
 
 
 
 
 
 
Income from continuing operations
$
17,586

 
$
9,005

 
$
22,635

 
$
16,482

Noncontrolling interests’ share in net income
—

 
(40
)
 
—

 
(151
)
Income from continuing operations attributable to common stockholders
17,586

 
8,965

 
22,635

 
16,331

Discontinued operations
330

 
(2,994
)
 
663

 
(6,508
)
Net income attributable to common stockholders
$
17,916

 
$
5,971

 
$
23,298

 
$
9,823

Basic Earnings (Loss) Per Common Share

 

 
 
 
 
Income from continuing operations
$
0.18

 
$
0.09

 
$
0.23

 
$
0.17

Discontinued operations
0.00

 
(0.03
)
 
0.01

 
(0.07
)
Net income attributable to common stockholders
$
0.18

 
$
0.06

 
$
0.24

 
$
0.10

Diluted Earnings (Loss) Per Common Share

 

 
 
 
 
Income from continuing operations
$
0.18

 
$
0.09

 
$
0.23

 
$
0.17

Discontinued operations
0.00

 
(0.03
)
 
0.00

 
(0.07
)
Net income attributable to common stockholders
$
0.18

 
$
0.06

 
$
0.23

 
$
0.10
Summary of the activity under the Incentive Plan
A summary of the activity under the stock-based incentive plans for the three and six months ended June 30, 2015 and 2014 is included in the table below.
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
Stock-based awards, beginning of period
1,118,414

 
1,855,325

 
1,057,732

 
1,788,168

Granted
23,201

 
26,677

 
112,269

 
128,199

Vested
(38,236
)
 
(44,147
)
 
(66,622
)
 
(78,512
)
Stock-based awards, end of period
1,103,379

 
1,837,855

 
1,103,379

 
1,837,855
Summary of employee stock purchase plan activity
A summary of the activity under the Employee Stock Purchase Plan for the three and six months ended June 30, 2015 and 2014 is included in the table below.
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
Outstanding and exercisable, beginning of period
378,771

 
467,960

 
393,902

 
391,108

Granted
—

 
—

 
197,640

 
275,655

Exercised
(2,885
)
 
(10,818
)
 
(35,931
)
 
(29,320
)
Forfeited
(10,667
)
 
(16,671
)
 
(31,446
)
 
(39,097
)
Expired
—

 
—

 
(158,946
)
 
(157,875
)
Outstanding and exercisable, end of period
365,219

 
440,471

 
365,219

 
440,471