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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Antidilutive Shares Excluded from Computation of Earnings Per Share
The following table presents the number of Common and Preferred Operating Partnership units as if converted into potential common shares that were excluded from the computation of earnings per share as their effect would have been anti-dilutive.
For the Three Months Ended June 30,For the Six Months Ended June 30,
2024202320242023
Equivalent Shares (if converted)Equivalent Shares (if converted)Equivalent Shares (if converted)Equivalent Shares (if converted)
Common OP Units8,621,889 — — — 
Series B Units230,266 223,118 230,250 218,259 
Series D Units1,160,861 — 1,216,866 — 
10,013,016 223,118 1,447,116 218,259 
Schedule of Computation of Earnings Per Common Share
The computation of earnings per common share is as follows for the periods presented:

For the Three Months Ended June 30,For the Six Months Ended June 30,
2024202320242023
Net income attributable to common stockholders$185,872 $202,410 $398,984 $398,714 
Earnings and dividends allocated to participating securities(396)(323)(750)(627)
Earnings for basic computations185,476 202,087 398,234 398,087 
Earnings and dividends allocated to participating securities— 323 — 627 
Income allocated to noncontrolling interest - Preferred Operating Partnership Units and Operating Partnership Units— 12,441 16,336 24,569 
Net income for diluted computations$185,476 $214,851 $414,570 $423,283 
Weighted average common shares outstanding:
Average number of common shares outstanding - basic 211,584,155 134,832,232 211,433,877 134,672,672 
OP Units— 7,214,649 8,676,813 7,214,649 
Series D Units— 1,257,366 — 1,233,178 
Unvested restricted stock awards included for treasury stock method— 221,380 — 212,723 
Shares related to dilutive stock options2,950 4,190 3,326 4,300 
Average number of common shares outstanding - diluted211,587,105 143,529,817 220,114,016 143,337,522 
Earnings per common share
Basic$0.88 $1.50 $1.88 $2.96 
Diluted$0.88 $1.50 $1.88 $2.95