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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a summary of the basic and diluted net income per share computation for the periods presented:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In thousands, except share and per share data)
 
2020
 
2019
 
2020
 
2019
Net income attributable to common stockholders
 
$
966

 
$
12,621

 
$
6,004

 
$
18,412

Adjustments to net income attributable to common stockholders for common share equivalents
 
(129
)
 
(174
)
 
(264
)
 
(334
)
Adjusted net income attributable to common stockholders
 
$
837

 
$
12,447

 
$
5,740

 
$
18,078

 
 
 
 
 
 
 
 
 
Basic and diluted net income per share attributable to common stockholders
 
$
0.01

 
$
0.15

 
$
0.06

 
$
0.22

Weighted average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
89,470,114

 
83,847,120

 
89,464,433

 
82,667,421

Diluted
 
90,102,709

 
85,165,549

 
90,097,029

 
83,985,850


Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share The following table shows common share equivalents on a weighted average basis that were excluded from the calculation of diluted earnings per share for the three and six months ended June 30, 2020 and 2019:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
LTIP Units (1)
 
1,967,296

 
1,277,465

 
1,967,296

 
1,277,465

Total common share equivalents excluded from EPS calculation
 
1,967,296

 
1,318,429

 
1,967,296

 
1,318,429

(1) Weighted-average number of LTIP Units outstanding. There were 2,554,930 LTIP Units issued and outstanding under the 2018 OPP as of June 30, 2020 and June 30, 2019. See Note 12 — Equity-Based Compensation for additional information on the 2018 OPP.