XML 85 R74.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings Per Share - Schedule of Earnings Per Share and Earnings Per Unit (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Numerator for earnings per share - basic:        
Net income $ 16,475 $ 15,619 $ 49,879 $ 34,435
Net income attributable to noncontrolling interests:        
Operating Partnership (425) (434) (1,305) (939)
Partially owned properties [1] (151) (136) (441) (410)
Preferred distributions (317) (314) (951) (892)
Net income attributable to common shareholders 15,582 14,735 47,182 32,194
Numerator for earnings per share - diluted:        
Numerator for earnings per share - basic 15,582 14,735 47,182 32,194
Operating Partnership net income 425 434 1,305 939
Numerator for earnings per share - diluted $ 16,007 $ 15,169 $ 48,487 $ 33,133
Denominator for earnings per share - basic and diluted:        
Weighted average number of shares outstanding - basic (in shares) 208,187,129 186,328,500 202,717,190 184,760,335
Effect of dilutive securities:        
Noncontrolling interest - Operating Partnership units (in shares) 5,643,669 5,536,111 5,655,870 5,398,734
Denominator for earnings per share - diluted (in shares) 215,129,968 191,980,222 209,555,060 190,489,654
Earnings per share - basic (in dollars per share) $ 0.07 $ 0.08 $ 0.23 $ 0.17
Earnings per share - diluted (in dollars per share) $ 0.07 $ 0.08 $ 0.23 $ 0.17
Restricted common shares        
Effect of dilutive securities:        
Restricted common shares/units (in shares) 70,819 79,779 72,522 89,470
Restricted share units        
Effect of dilutive securities:        
Restricted common shares/units (in shares) 1,228,351 35,832 1,109,478 241,115
[1] Includes amounts attributable to redeemable noncontrolling interests.