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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted earnings per share
The following table sets forth the net income attributable to the Company, its common shares outstanding, and its participating securities outstanding.
 
 
Basic EPS
 
Diluted EPS
 
 
 
Three Months Ended March 31,
 
Three Months Ended March 31,
 
 
 
2019
 
2020
 
2019
 
2020
 
 
 
(in thousands)
 
Net income
 
$
53,344

 
$
70,448

 
$
53,344

 
$
70,448

 
Less: net income attributable to non-controlling interests
 
12,510

 
17,323

 
12,510

 
17,323

 
Net income attributable to the Company
 
40,834

 
53,125

 
40,834

 
53,125

 
Less: net income attributable to participating securities
 
1,343

 
1,818

 
1,343

 
1,818

 
Net income attributable to common shares
 
$
39,491

 
$
51,307

 
$
39,491

 
$
51,307

 
 
 
Three Months Ended March 31, 2019
 
 
Net Income Allocation
 
Shares(1)
 
Basic EPS
 
 
Net Income Allocation
 
Shares(1)
 
Diluted EPS
 
 
(in thousands, except for per share amounts)
Common shares
 
$
39,491

 
130,821

 
$
0.30

 
 
$
39,491

 
130,861

 
$
0.30

Participating securities
 
1,343

 
4,449

 
$
0.30

 
 
1,343

 
4,449

 
$
0.30

Total Company
 
$
40,834

 
 
 
 
 
 
$
40,834

 
 
 
 
 
 
Three Months Ended March 31, 2020
 
 
Net Income Allocation
 
Shares(1)
 
Basic EPS
 
 
Net Income Allocation
 
Shares(1)
 
Diluted EPS
 
 
(in thousands, except for per share amounts)
Common shares
 
$
51,307

 
129,638

 
$
0.40

 
 
$
51,307

 
129,638

 
$
0.40

Participating securities
 
1,818

 
4,594

 
$
0.40

 
 
1,818

 
4,594

 
$
0.40

Total Company
 
$
53,125

 
 
 
 
 
 
$
53,125

 
 
 
 
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(1)    Represents the weighted average share count outstanding during the period.