Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Schedule of earnings (loss) per share, basic and diluted

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Numerator:
Net (loss) income attributable to common stockholders	(80,437)		$	11,529	$	(187,778)	$	49,434
Dividends declared on unvested share-based compensation	—		(31)		—		(101)
Net (loss) income available to common stockholders	$	(80,437)	$	11,498	$	(187,778)	$	49,333
Denominator:
Weighted-average number of common shares outstanding—basic	200,978,327		201,448,348		200,994,434		202,218,646
Effect of dilutive securities:
Unvested restricted common stock	—		102,309		—		59,793
Shares related to unvested PSUs	—		441,632		—		404,149
Weighted-average number of common shares outstanding—diluted	200,978,327		201,992,289		200,994,434		202,682,588
Earnings (loss) per share:
Net (loss) income per share available to common stockholders—basic	$	(0.40)	$	0.06	$	(0.93)	$	0.24
Net (loss) income per share available to common stockholders—diluted	$	(0.40)	$	0.06	$	(0.93)	$	0.24