Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

	Three Months Ended March 31,
	2020			2019
Numerator for basic earnings per share - net income (loss) attributable to common stockholders	$	310,284		$	280,470
Adjustment for net income (loss) attributable to OP units	(1,388		)	46
Numerator for diluted earnings per share	$	308,896		$	280,516
Denominator for basic earnings per share - weighted average shares	410,306			391,474
Effect of dilutive securities:
Employee stock options	—			1
Non-vested restricted shares	702			868
Redeemable shares	1,396			1,096
Employee stock purchase program	16			13
Dilutive potential common shares	2,114			1,978
Denominator for diluted earnings per share - adjusted weighted average shares	412,420			393,452
Basic earnings per share	$	0.76		$	0.72
Diluted earnings per share	$	0.75		$	0.71