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Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2011
Quarterly Results of Operations (Unaudited)

The following summary represents the quarterly results of operations for the years ended December 31, 2011 and 2010: (dollars in thousands) (unaudited)

     For the three months ended (2)  
     3-31-11     6-30-11      9-30-11     12-31-11  

Total revenue (1)

   $ 230,411      $ 239,304       $ 247,557      $ 251,439   

Income from continuing operations (1) (3)

   $ 31,814      $ 36,609       $ 45,709      $ 51,810   

Total discontinued operations (1)

   $ (1,278   $ 6,583       $ (1,031   $ 271,155   

Net income attributable to common stockholders

   $ 30,341      $ 43,373       $ 44,824      $ 323,085   

Net income per common share - basic

   $ 0.35      $ 0.50       $ 0.49      $ 3.40   

Net income per common share - diluted

   $ 0.35      $ 0.49       $ 0.49      $ 3.38   

 

     For the three months ended (2)  
     3-31-10      6-30-10      9-30-10     12-31-10  

Total revenue (1)

   $ 210,196       $ 215,029       $ 222,224      $ 226,552   

Income (loss) from continuing operations (1)

   $ 21,678       $ 30,313       $ 25,581      $ 26,202   

Total discontinued operations (1)

   $ 50,688       $ 20,753       $ (1,601   $ 466   

Net income attributable to common stockholders

   $ 72,523       $ 51,125       $ 24,654      $ 27,030   

Net income per common share - basic

   $ 0.89       $ 0.61       $ 0.29      $ 0.32   

Net income per common share - diluted

   $ 0.88       $ 0.61       $ 0.29      $ 0.31   

 

(1) Amounts may not equal previously reported results due to reclassification between income from continuing operations and income from discontinued operations.
(2) Amounts may not equal full year results due to rounding.
(3) Income from continuing operations for the third quarter of 2011 includes an impairment charge of $14,052 associated with the change in the Company’s intent on two land parcels and the write down of an investment in an unconsolidated joint venture.