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Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 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 September 30,Nine Months Ended September 30,
 2024202320242023
Numerator:    
Net income$33,925 $8,929 $53,389 $28,143 
Less income attributable to non-controlling interests(1,797)(501)(2,877)(1,644)
Less earnings allocated to participating securities(129)(112)(389)(344)
Net income available for common stockholders, basic$31,999 $8,316 $50,123 $26,155 
Numerator:  
Net income$33,925 $8,929 $53,389 $28,143 
Less earnings allocated to participating securities(129)(112)(389)(344)
Net income available for common stockholders, diluted$33,796 $8,817 $53,000 $27,799 
Denominator:  
Denominator for basic EPS – weighted average common equivalent shares127,091,633 125,256,022 126,760,699 124,873,309 
OP Units6,938,898 7,437,117 7,269,832 7,811,586 
Performance-based restricted stock awards and LTIP Units503,188 463,789 445,439 451,478 
Denominator for diluted EPS – weighted average common equivalent shares134,533,719 133,156,928 134,475,970 133,136,373 
 
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 September 30,Nine Months Ended September 30,
 2024202320242023
Numerator:  
Net income$33,925 $8,929 $53,389 $28,143 
Less earnings allocated to participating securities(129)(112)(389)(344)
Net income available to unitholders, basic and diluted$33,796 $8,817 $53,000 $27,799 
Denominator:  
Denominator for basic earnings per unit – weighted average common equivalent units134,030,531 132,693,139 134,030,531 132,684,895 
Performance-based restricted stock awards and LTIP Units503,188 463,789 445,439 451,478 
Denominator for diluted earnings per unit – weighted average common equivalent units134,533,719 133,156,928 134,475,970 133,136,373