| Schedule Of Stock Option Plans |
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Weighted
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Aggregate
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Average
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Intrinsic
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Shares
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Exercise
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Value
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Under Options
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Price
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$(000’s)
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Outstanding at January 1, 2015
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10,000
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$
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33.36
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-
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Granted, lapsed or cancelled
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-
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-
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Outstanding at March 31, 2015 ($21.25 – $45.47)
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10,000
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$
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33.36
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-
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Options exercisable at March 31, 2015
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5,000
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Available for grant at March 31, 2015
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4,420,227
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| Schedule Of Restricted Stock Awards |
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Weighted-Average
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Grant – Date
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Shares
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Fair Value
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Outstanding at January 1, 2015
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346,946
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$
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21.09
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Granted
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3,786
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19.53
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Vested
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(37,392)
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21.59
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Forfeited
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(3)
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26.36
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Outstanding at March 31, 2015
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313,337
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$
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21.01
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| Schedule Of Basic And Diluted Earnings Per Share |
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Three Months Ended
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March 31,
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Computation of Basic EPS
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2015
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2014
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Net loss
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$
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(3,325)
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$
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(17,628)
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Add: Noncontrolling interest in consolidated joint ventures
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490
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322
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Add: Noncontrolling interest in Operating Partnership
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314
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2,008
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Net loss available to common shareholders
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$
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(2,521)
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$
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(15,298)
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Weighted average common shares
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89,192
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88,289
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Basic EPS:
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Net loss available to common shareholders
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$
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(0.03)
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$
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(0.17)
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Three Months Ended
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March 31,
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Computation of Diluted EPS
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2015
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2014
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Net loss available to common shareholders
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$
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(2,521)
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$
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(15,298)
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Add (deduct): Noncontrolling interest in Operating Partnership
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(314)
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(2,008)
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Net loss for diluted earnings per share
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$
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(2,835)
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$
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(17,306)
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Weighted average common shares
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100,266
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99,876
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Diluted EPS:
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Net loss available to common shareholders
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$
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(0.03)
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$
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(0.17)
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The following schedule reconciles the shares used in the basic EPS calculation to the shares used in the diluted EPS calculation: (in thousands)
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Three Months Ended
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March 31,
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2015
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2014
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Basic EPS shares
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89,192
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88,289
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Add: Operating Partnership – common units
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11,074
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11,587
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Diluted EPS Shares
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100,266
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99,876
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