Earnings Per Share ("EPS"):

12 Months Ended

Dec. 31, 2012

Earnings Per Share ("EPS"):

Earnings Per Share ("EPS"):

3. Earnings Per Share ("EPS"):

        The following table reconciles the numerator and denominator used in the computation of earnings per share for the years ended December 31 (shares in thousands):

	2012			2011			2010
Numerator
Income from continuing operations	$	297,024		$	243,946		$	38,770
Income (loss) from discontinued operations		69,365			(74,871	)		(10,350	)
Net income attributable to noncontrolling interests		(28,963	)		(12,209	)		(3,230	)
Net income attributable to the Company		337,426			156,866			25,190
Allocation of earnings to participating securities		(577	)		(1,436	)		(2,615	)
Numerator for basic and diluted earnings per share—net income attributable to common stockholders	$	336,849		$	155,430		$	22,575
Denominator
Denominator for basic earnings per share—weighted average number of common shares outstanding		134,067			131,628			120,346
Effect of dilutive securities(1)
Stock warrants		63			—			—
Share and unit based compensation		18			—			—
Denominator for diluted earnings per share—weighted average number of common shares outstanding		134,148			131,628			120,346
Earnings per common share—basic:
Income from continuing operations	$	2.03		$	1.70		$	0.27
Discontinued operations		0.48			(0.52	)		(0.08	)
Net income attributable to common stockholders	$	2.51		$	1.18		$	0.19
Earnings per common share—diluted:
Income from continuing operations	$	2.03		$	1.70		$	0.27
Discontinued operations		0.48			(0.52	)		(0.08	)
Net income attributable to common stockholders	$	2.51		$	1.18		$	0.19

(1)

The convertible senior notes ("Senior Notes") are excluded from diluted EPS for the years ended December 31, 2012, 2011 and 2010 as their effect would be antidilutive. The Senior Notes were paid off in full on March 15, 2012 (See Note 11—Bank and Other Notes Payable).

Diluted EPS excludes 193,945, 208,640 and 208,640 convertible preferred units for the years ended December 31, 2012, 2011 and 2010, respectively, as their impact was antidilutive.

Diluted EPS excludes 1,203,280 and 1,150,172 of unexercised stock appreciation rights for the years ended December 31, 2011 and 2010, respectively, as their effect was antidilutive.

Diluted EPS excludes 94,685 and 122,500 of unexercised stock options for the years ended December 31, 2011 and 2010, respectively, as their effect was antidilutive.

Diluted EPS excludes 933,650 and 935,358 of unexercised stock warrants for the years ended December 31, 2011 and 2010, respectively, as their effect was antidilutive.

Diluted EPS excludes 10,870,454 and 11,356,922 and 11,596,953 Operating Partnership units ("OP Units") for the years ended December 31, 2012, 2011 and 2010, respectively, as their effect was antidilutive.