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Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2024
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,
 20242023
Numerator:  
Net income$11,665 $8,696 
Less income attributable to non-controlling interests(647)(554)
Less earnings allocated to participating securities(130)(120)
Net income available for common stockholders, basic$10,888 $8,022 
Numerator:  
Net income$11,665 $8,696 
Less earnings allocated to participating securities(130)(120)
Net income available for common stockholders, diluted$11,535 $8,576 
Denominator:  
Denominator for basic EPS – weighted average common equivalent shares126,593,414 124,227,368 
OP Units7,437,117 8,447,117 
Performance-based restricted stock awards and LTIP Units231,122 332,934 
Denominator for diluted EPS – weighted average common equivalent shares134,261,653 133,007,419 
 
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,
 20242023
Numerator:  
Net income$11,665 $8,696 
Less earnings allocated to participating securities(130)(120)
Net income available to unitholders, basic and diluted$11,535 $8,576 
Denominator:  
Denominator for basic earnings per unit – weighted average common equivalent units134,030,531 132,674,485 
Performance-based restricted stock awards and LTIP Units231,122 332,934 
Denominator for diluted earnings per unit – weighted average common equivalent units134,261,653 133,007,419