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Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
 2024202320242023
Numerator:    
Net income$7,799 $10,518 $19,464 $19,214 
Less income attributable to non-controlling interests(433)(589)(1,080)(1,143)
Less earnings allocated to participating securities(129)(112)(260)(232)
Net income available for common stockholders, basic$7,237 $9,817 $18,124 $17,839 
Numerator:  
Net income$7,799 $10,518 $19,464 $19,214 
Less earnings allocated to participating securities(129)(112)(260)(232)
Net income available for common stockholders, diluted$7,670 $10,406 $19,204 $18,982 
Denominator:  
Denominator for basic EPS – weighted average common equivalent shares126,593,414 125,125,235 126,593,414 124,678,781 
OP Units7,437,117 7,561,622 7,437,117 8,001,924 
Performance-based restricted stock awards and LTIP Units283,923 356,972 295,150 388,030 
Denominator for diluted EPS – weighted average common equivalent shares134,314,454 133,043,829 134,325,681 133,068,735 
 
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,
 2024202320242023
Numerator:  
Net income$7,799 $10,518 $19,464 $19,214 
Less earnings allocated to participating securities(129)(112)(260)(232)
Net income available to unitholders, basic and diluted$7,670 $10,406 $19,204 $18,982 
Denominator:  
Denominator for basic earnings per unit – weighted average common equivalent units134,030,531 132,686,857 134,030,531 132,680,705 
Performance-based restricted stock awards and LTIP Units283,923 356,972 295,150 388,030 
Denominator for diluted earnings per unit – weighted average common equivalent units134,314,454 133,043,829 134,325,681 133,068,735