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Consolidation and Basis of Presentation and Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2012
Notes To Financial Statements [Abstract]  
Earnings Per Common Share
(dollars and shares in thousands, except per share amounts)
Three months ended March 31,
 
 
2012
 
2011
 
Shares Outstanding
 
 
 
 
Weighted average common shares - basic
39,505

 
35,706

 
Weighted average partnership units outstanding

(1) 
2,101


Effect of dilutive securities
102

 
97

 
Weighted average common shares - diluted
39,607

 
37,904

 
 
 
 
 
 
Calculation of Earnings per Share - basic
 

 
 

 
Net income available for common shareholders
$
23,890

 
$
8,844

 
Net income allocated to unvested restricted shares
(28
)
 
(9
)
 
Net income available for common shareholders, adjusted
$
23,862

 
$
8,835

 
 
 
 
 
 
Weighted average common shares - basic
39,505

 
35,706

 
Earnings per share - basic
$
0.60

 
$
0.25

 
 
 
 
 
 
Calculation of Earnings per Share - diluted
 

 
 

 
Net income available for common shareholders
$
23,890

 
$
8,844

 
Net income attributable to noncontrolling interests

(1) 
311


Adjusted net income available for common shareholders
$
23,890

 
$
9,155

 
 
 
 
 
 
Weighted average common shares - diluted
39,607

 
37,904

 
Earnings per share - diluted
$
0.60

 
$
0.24

 

(1) Operating partnership units are not included in dilutive earnings per share calculations for the three months ended March 31, 2012, as they were not dilutive.