Net Income per Common Share

9 Months Ended

Sep. 30, 2021

Net Income per Common ShareBasic net income per common share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted net income per common share is computed by dividing net income available to common stockholders, plus income attributable to dilutive shares and convertible common units for the period, by the weighted average number of common shares that would have been outstanding assuming the issuance of common shares for all potentially dilutive common shares outstanding during the reporting period.

The following is a reconciliation of the denominator of the basic net income per common share computation to the denominator of the diluted net income per common share computation:


	Three months ended September 30,		Nine months ended September 30,
	2021	2020	2021	2020
Weighted average shares used for the basic net income per share computation	391,913,478	346,476,217	379,291,782	342,214,164
Incremental shares from share-based compensation	136,923	273,257	117,645	269,054
Weighted average shares used for diluted net income per share computation	392,050,401	346,749,474	379,409,427	342,483,218
Unvested shares from share based compensation that were anti-dilutive	91,221	59,042	119,981	57,192
Weighted average partnership common units convertible to common shares that were anti-dilutive	463,119	463,119	463,119	463,119