Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2016

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 September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Numerator:
Net income	$	8,215		$	7,837		$	25,778		$	17,624
Less income attributable to non-controlling interests	(813		)	(295		)	(2,645		)	(681		)
Less earnings allocated to unvested shares	(67		)	(58		)	(204		)	(173		)
Net income available for common stockholders, basic	$	7,335		$	7,484		$	22,929		$	16,770
Numerator:
Net income	$	8,215		$	7,837		$	25,778		$	17,624
Less earnings allocated to unvested shares	(67		)	(58		)	(204		)	(173		)
Net income available for common stockholders, diluted	$	8,148		$	7,779		$	25,574		$	17,451
Denominator:
Denominator for basic EPS – weighted average common equivalent shares	107,745,991			96,722,628			102,460,495			94,479,375
OP units	12,015,200			3,771,314			11,767,965			3,825,710
Restricted stock awards - performance-based	166,949			163,167			147,751			153,191
Stock options	145,609			98,354			132,936			102,705
Denominator for diluted EPS – weighted average common equivalent shares	120,073,749			100,755,463			114,509,147			98,560,981

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,
	2016			2015			2016			2015
Numerator:
Net income	$	8,215		$	7,837		$	25,778		$	17,624
Less earnings allocated to unvested shares	(67		)	(58		)	(204		)	(173		)
Net income available to unitholders, basic and diluted	$	8,148		$	7,779		$	25,574		$	17,451
Denominator:
Denominator for basic earnings per unit – weighted average common equivalent units	119,761,191			100,493,942			114,228,460			98,305,085
Restricted stock awards – performance-based	166,949			163,167			147,751			153,191
Stock options	145,609			98,354			132,936			102,705
Denominator for diluted earnings per unit – weighted average common equivalent units	120,073,749			100,755,463			114,509,147			98,560,981