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Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the reconciliation between basic and diluted EPS for ROIC (in thousands, except share data):
 Three Months Ended June 30,Six Months Ended June 30,
 2020201920202019
Numerator:    
Net income$5,036  $8,346  $18,172  $22,929  
Less income attributable to non-controlling interests(389) (761) (1,523) (2,094) 
Less earnings allocated to unvested shares—  (113) (127) (227) 
Net income available for common stockholders, basic$4,647  $7,472  $16,522  $20,608  
Numerator:  
Net income$5,036  $8,346  $18,172  $22,929  
Less earnings allocated to unvested shares—  (113) (127) (227) 
Net income available for common stockholders, diluted$5,036  $8,233  $18,045  $22,702  
Denominator:  
Denominator for basic EPS – weighted average common equivalent shares116,374,154  113,680,670  116,172,307  113,680,670  
OP units10,000,754  11,407,041  10,488,877  11,426,378  
Performance-based restricted stock awards and LTIP Units173,127  273,996  213,320  255,574  
Stock options—  96,525  4,352  95,491  
Denominator for diluted EPS – weighted average common equivalent shares126,548,035  125,458,232  126,878,856  125,458,113  
 
Earnings Per Unit
 
The following table sets forth the reconciliation between basic and diluted earnings per unit for the Operating Partnership (in thousands, except unit data):
 Three Months Ended June 30,Six Months Ended June 30,
 2020201920202019
Numerator:  
Net income$5,036  $8,346  $18,172  $22,929  
Less earnings allocated to unvested shares—  (113) (127) (227) 
Net income available to unitholders, basic and diluted$5,036  $8,233  $18,045  $22,702  
Denominator:  
Denominator for basic earnings per unit – weighted average common equivalent units126,374,908  125,087,711  126,661,184  125,107,048  
Performance-based restricted stock awards and LTIP Units173,127  273,996  213,320  255,574  
Stock options—  96,525  4,352  95,491  
Denominator for diluted earnings per unit – weighted average common equivalent units126,548,035  125,458,232  126,878,856  125,458,113