XML 66 R56.htm IDEA: XBRL DOCUMENT v3.23.2
Equity - Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Numerator - Basic:        
Net income $ 36,955 $ 48,695 $ 48,649 $ 31,474
Private perpetual preferred unit distributions (1,051) (1,051) (2,101) (2,101)
Net income attributable to non-controlling interests (14,050) (18,065) (18,175) (11,083)
Earnings allocated to unvested shares 0 (64) 0 (71)
Net income attributable to common stockholders – basic 21,854 29,515 28,373 18,219
Numerator - Diluted:        
Net income 36,955 48,695 48,649 31,474
Private perpetual preferred unit distributions (1,051) (1,051) (2,101) (2,101)
Net (income) loss attributable to non-controlling interests in other partnerships (1) 159 42 222
Earnings allocated to unvested shares 0 (64) 0 (71)
Net income attributable to common stockholders – diluted $ 35,903 $ 47,739 $ 46,590 $ 29,524
Denominator:        
Weighted average shares outstanding - basic (in shares) 160,028 167,118 160,669 168,099
Operating partnership units (in shares) 102,875 102,960 103,025 103,735
Effect of dilutive securities:        
Stock-based compensation plans (in shares) 1,293 7 1,042 3
Weighted average shares outstanding - diluted (in shares) 264,196 270,085 264,736 271,837
Earnings per share:        
Basic (in USD per share) $ 0.14 $ 0.18 $ 0.18 $ 0.11
Diluted (in USD per share) $ 0.14 $ 0.18 $ 0.18 $ 0.11
Antidilutive securities (in shares) 0 603 0 398