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EARNINGS PER COMMON SHARE
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE EARNINGS PER COMMON SHARE
The following table illustrates the computation of basic and diluted earnings per share for the three and six months ended June 30, 2024 and 2023 (in thousands, except share and per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Numerator
Net income$23,975 $21,188 $50,229 $11,701 
Denominator
Basic weighted average common shares and common equivalents231,620,291 231,204,531 231,536,286 231,184,355 
Dilutive restricted stock units2,130,532 1,040,057 2,047,585 1,030,088 
Diluted weighted average common shares233,750,823 232,244,588 233,583,871 232,214,443 
Net income, per:
Basic common share$0.10 $0.09 $0.22 $0.05 
Diluted common share$0.10 $0.09 $0.22 $0.05 
During the three and six months ended June 30, 2024, approximately 500 restricted stock units in each period, and 5,100 shares and 2,600 shares, respectively, related to forward equity sale agreements were not included in computing diluted earnings per share because they were considered anti-dilutive. During the three and six months ended June 30, 2023, approximately 54,200 and 54,700 restricted stock units, respectively, were not included in computing diluted earnings per share because they were considered anti-dilutive.