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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table provides a reconciliation of the numerator and denominator of the earnings per share calculations (in thousands, except per share amounts):
 
Three Months Ended March 31,
 
2020
 
2019
Numerator:
 
 
 
Net income (loss) attributable to stockholders - basic
$
9,769

 
$
(5,195
)
Net income (loss) attributable to convertible OP units(1)
1,430

 
(783
)
Net income (loss) - diluted
$
11,199

 
$
(5,978
)
Denominator:
 
 
 
Weighted-average shares - basic
289,955

 
281,263

OP units(1)
42,848

 
43,996

Dilutive restricted stock awards
425

 

Adjusted weighted-average shares - diluted
333,228

 
325,259

Earnings per common share:
 
 
 
Basic and diluted
$
0.03

 
$
(0.02
)
(1) OP units include units that are convertible into common stock or cash, at the Operating Partnership’s option. The Operating Partnership income or loss attributable to these OP units, which is included as a component of Net (Income) Loss Attributable to Noncontrolling Interests on the consolidated statements of operations, has been added back in the numerator as these OP units were included in the denominator for all years presented.