Equity and Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2019

Equity and Earnings Per Common Share

Schedule of weighted average shares outstanding

	Three Months Ended March 31,
(in thousands)	2018		2019
Basic weighted average number of shares outstanding		186,188		253,877
Add: Dilutive effect of restricted stock units		—		300
Add: Dilutive effect of Series A preferred stock		—		726
Diluted weighted average number of shares outstanding		186,188		254,903

Schedule of earnings per common share

	Three Months Ended March 31,
(in thousands, except per share amounts)	2018		2019
Net income	$	12,805		9,648
Less net income attributable to Series B Units		(413)		—
Less preferred stock dividends		—		(29)
Net income available to common shareholders	$	12,392		9,619
Net income per share–basic and diluted	$	0.07		0.04
Weighted average common shares outstanding–basic		186,188		253,877
Weighted average common shares outstanding–diluted		186,188		254,903