Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following is a reconciliation of the calculation of basic and diluted earnings per share (in thousands, except share and per-share data):

	Years Ended December 31,
	2019			2018		2017
Numerator:
Net income attributable to common stockholders	$	183,487		$	87,784	$	91,877
Distributions declared on unvested share-based compensation	(132		)	—		—
Net income available to common stockholders	$	183,355		$	87,784	$	91,877
Denominator:
Weighted-average number of common shares outstanding—basic	202,009,750			205,462,911		200,784,450
Effect of dilutive securities:
Unvested restricted common stock	156,146			215,655		188,759
Shares related to unvested PSUs	575,734			452,584		548,259
Weighted-average number of common shares outstanding—diluted	202,741,630			206,131,150		201,521,468
Earnings per share:
Net income per share available to common stockholders—basic	$	0.91		$	0.43	$	0.46
Net income per share available to common stockholders—diluted	$	0.90		$	0.43	$	0.46