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Net Income Per Share
 9 Months Ended
Sep. 30, 2017
Entity Information [Line Items]  
Net Income Per Share
NET INCOME PER SHARE
Basic net income per share is computed by dividing net income available to common shareholders by the weighted-average number of shares of the Corporation’s unrestricted common stock outstanding. Diluted net income per share is computed by dividing net income available to common shareholders, as adjusted for potentially dilutive securities, by the weighted-average number of shares of the Corporation’s unrestricted common stock outstanding plus other potentially dilutive securities. Dilutive securities include certain equity-based awards issued under long-term incentive plans (see Note 13) and are included in the calculation, provided that the inclusion of such securities is not anti-dilutive.
The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Net income available to Extended Stay America, Inc. common shareholders - basic
$
53,876

 
$
46,556

 
$
128,752

 
$
124,331

Income attributable to noncontrolling interests assuming conversion
(37
)
 
(4
)
 
(60
)
 
(4
)
Net income available to Extended Stay America, Inc. common shareholders - diluted
$
53,839

 
$
46,552

 
$
128,692

 
$
124,327

Denominator:
 
 
 
 
 
 
 
Weighted average number of Extended Stay America, Inc. common shares outstanding - basic
192,357

 
200,556

 
193,399

 
202,156

Dilutive securities
974

 
140

 
602

 
96

Weighted average number of Extended Stay America, Inc. common shares outstanding - diluted
193,331

 
200,696

 
194,001

 
202,252

Net income per Extended Stay America, Inc. common share - basic
$
0.28

 
$
0.23

 
$
0.67

 
$
0.62

Net income per Extended Stay America, Inc. common share - diluted
$
0.28

 
$
0.23

 
$
0.66

 
$
0.61
ESH REIT  
Entity Information [Line Items]  
Net Income Per Share
NET INCOME PER SHARE
Basic net income per share is computed by dividing net income available to Class A and Class B common shareholders by the weighted-average number of shares of ESH REIT’s unrestricted Class A and Class B common stock outstanding, respectively. Diluted net income per share is computed by dividing net income available to Class A and Class B common shareholders, as adjusted for potentially dilutive securities, by the weighted-average number of shares of ESH REIT’s unrestricted Class A and Class B common stock outstanding, respectively, plus other potentially dilutive securities. Dilutive securities include certain equity-based awards issued under long-term incentive plans (see Note 11) and are included in the calculation, provided that the inclusion of such securities is not anti-dilutive.
The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Net income
$
28,486

 
$
23,652

 
$
7,646

 
$
19,993

Less preferred dividends
(4
)
 
(4
)
 
(12
)
 
(12
)
Net income available to ESH Hospitality, Inc. common shareholders
$
28,482

 
$
23,648

 
$
7,634

 
$
19,981

Class A:
 
 
 
 
 
 
 
Net income available to ESH Hospitality, Inc. common shareholders - basic
$
16,112

 
$
13,143

 
$
4,360

 
$
11,121

Amounts attributable to ESH Hospitality, Inc. Class B shareholders assuming conversion
(37
)
 
(4
)
 
—

 
(4
)
Net income available to ESH Hospitality, Inc. common shareholders - diluted
$
16,075

 
$
13,139

 
$
4,360

 
$
11,117

Class B:
 
 
 
 
 
 
 
Net income available to ESH Hospitality, Inc. common shareholders - basic
$
12,370

 
$
10,505

 
$
3,274

 
$
8,861

Amounts attributable to ESH Hospitality, Inc. Class B shareholders assuming conversion
37

 
4

 
—

 
4

Net income available to ESH Hospitality, Inc. common shareholders - diluted
$
12,407

 
$
10,509

 
$
3,274

 
$
8,865

Denominator:
 
 
 
 
 
 
 
Class A:
 
 
 
 
 
 
 
Weighted average number of ESH Hospitality, Inc. common shares outstanding - basic and diluted
250,494

 
250,494

 
250,494

 
250,494

Class B:
 
 
 
 
 
 
 
Weighted average number of ESH Hospitality, Inc. common shares outstanding - basic
192,357

 
200,556

 
193,399

 
202,156

Dilutive securities
974

 
140

 
—

 
96

Weighted average number of ESH Hospitality, Inc. common shares outstanding - diluted
193,331

 
200,696

 
193,399

 
202,252

Net income per ESH Hospitality, Inc. common share - Class A - basic
$
0.06

 
$
0.05

 
$
0.02

 
$
0.04

Net income per ESH Hospitality, Inc. common share - Class A - diluted
$
0.06

 
$
0.05

 
$
0.02

 
$
0.04

Net income per ESH Hospitality, Inc. common share - Class B - basic
$
0.06

 
$
0.05

 
$
0.02

 
$
0.04

Net income per ESH Hospitality, Inc. common share - Class B - diluted
$
0.06

 
$
0.05

 
$
0.02

 
$
0.04

Anti-dilutive securities excluded from net income per common share - Class B - diluted
—

 
—

 
602

 
—