Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

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,
	2022		2021
Numerator for basic earnings per share - net income (loss) attributable to common stockholders	$	61,925	$	71,546
Adjustment for net income (loss) attributable to OP units	(145)		(1,353)
Numerator for diluted earnings per share	$	61,780	$	70,193
Denominator for basic earnings per share - weighted average shares	447,379		417,241
Effect of dilutive securities:
Employee stock options	31		—
Non-vested restricted shares	974		421
Redeemable OP units	1,396		1,396
Employee stock purchase program	22		21
Dilutive potential common shares	2,423		1,838
Denominator for diluted earnings per share - adjusted weighted average shares	449,802		419,079
Basic earnings per share	$	0.14	$	0.17
Diluted earnings per share	$	0.14	$	0.17