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Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
The following table sets forth the reconciliation between basic and diluted EPS for ROIC (in thousands, except share data):

 Three Months Ended March 31,
 20232022
Numerator:  
Net income$8,696 $12,466 
Less income attributable to non-controlling interests(554)(825)
Less earnings allocated to participating securities(120)(88)
Net income available for common stockholders, basic$8,022 $11,553 
Numerator:  
Net income$8,696 $12,466 
Less earnings allocated to participating securities(120)(88)
Net income available for common stockholders, diluted$8,576 $12,378 
Denominator:  
Denominator for basic EPS – weighted average common equivalent shares124,227,368 122,410,238 
OP Units8,447,117 8,696,735 
Performance-based restricted stock awards and LTIP Units332,934 330,337 
Stock options— 1,358 
Denominator for diluted EPS – weighted average common equivalent shares133,007,419 131,438,668 
 
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 March 31,
 20232022
Numerator:  
Net income$8,696 $12,466 
Less earnings allocated to participating securities(120)(88)
Net income available to unitholders, basic and diluted$8,576 $12,378 
Denominator:  
Denominator for basic earnings per unit – weighted average common equivalent units132,674,485 131,106,973 
Performance-based restricted stock awards and LTIP Units332,934 330,337 
Stock options— 1,358 
Denominator for diluted earnings per unit – weighted average common equivalent units133,007,419 131,438,668