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Per Share Data of HTA
 3 Months Ended
Mar. 31, 2017
HTA, Inc.  
Earnings Per Share  
Per Share Data of HTA
Per Share Data of HTA
HTA includes unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents as “participating securities” pursuant to the two-class method. The resulting classes are our common stock and restricted stock. For the three months ended March 31, 2017 and 2016, all of HTA’s earnings were distributed and the calculated earnings per share amount would be the same for all classes.
The following is the reconciliation of the numerator and denominator used in basic and diluted earnings per share of HTA for the three months ended March 31, 2017 and 2016, respectively (in thousands, except per share data):
 
Three Months Ended March 31,
 
2017
 
2016
Numerator:
 
 
 
Net income
$
14,000

 
$
10,036

Net income attributable to noncontrolling interests
(455
)
 
(176
)
Net income attributable to common stockholders
$
13,545

 
$
9,860

Denominator:
 
 
 
Weighted average shares outstanding - basic
141,780

 
129,336

Dilutive shares
4,337

 
1,904

Weighted average shares outstanding - diluted
146,117

 
131,240

Earnings per common share - basic
 
 
 
Net income attributable to common stockholders
$
0.10

 
$
0.08

Earnings per common share - diluted
 
 
 
Net income attributable to common stockholders
$
0.09

 
$
0.08