Income per Common Share of the Trust

3 Months Ended

Mar. 31, 2012

Income per Common Share of the Trust [Abstract]

Earnings Per Share [Text Block]

Income per Common Share of the Trust

The following table sets forth the computation of basic and diluted income per common share of the Trust (in thousands except per share amounts):

	For the Three Months Ended					For the Three Months Ended
	March 31, 2012					March 31, 2011
	Income (Numerator)		Weighted Average Shares (Denominator)	Per Share		Income (Numerator)		Weighted Average Shares (Denominator)	Per Share
Basic income from continuing operations
Income from continuing operations net of noncontrolling interest	$	33,301	115,972	$	0.29	$	24,820	114,013	$	0.21
Dilutive shares for long-term compensation plans	—		771			—		753
Diluted income from continuing operations
Income from continuing operations net of noncontrolling interest	33,301		116,743	$	0.29	24,820		114,766	$	0.21
Basic income from discontinued operations
Discontinued operations net of noncontrolling interest	3,788		115,972	$	0.03	4,089		114,013	$	0.04
Dilutive shares for long-term compensation plans	—		771			—		753
Diluted income from discontinued operations
Discontinued operations net of noncontrolling interest	3,788		116,743	$	0.03	4,089		114,766	$	0.04
Basic income per common share
Net income available to common shareholders	37,089		115,972	$	0.32	28,909		114,013	$	0.25
Dilutive shares for long-term compensation plans	—		771			—		753
Diluted income per common share
Net income available to common shareholders	$	37,089	116,743	$	0.32	$	28,909	114,766	$	0.25

Dilutive shares for long-term compensation plans represent the unvested common shares outstanding during the year as well as the dilutive effect of outstanding options. The amounts of anti-dilutive options that were excluded from the computation of diluted income per common share for the three months ended March 31, 2012 was 1,384,000 as compared to 1,219,000 for the same period in 2011.

During the three months ended March 31, 2012, 349,000 common shares were issued upon the exercise of options. During the year ended December 31, 2011, 256,000 common shares were issued upon the exercise of options.