Net income available to common shareholders was $20.9 million, or 73 cents per diluted share, compared with $11.4 million, or 47 cents per diluted share, for the same quarter in 2002.
The 2003 quarter results include asset sale gains of $20.3 million, or 61 cents per diluted share, compared with $7.7 million, or 25 cents per diluted share, for the 2002 quarter. Also, last year's fourth-quarter results include a $1.3 million, or four cents per diluted share, charge related to the company's redemption of its 8.625% Series B Preferred Units in November.
Net income available to common shareholders was $49.1 million, or $1.87 per diluted share, for the year ended Dec. 31, 2003, compared with $45.7 million, or $1.85 per diluted share, for 2002.
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