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Beneficiaries Equity of the Parent Company (Tables)
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Earnings Per Share (EPS), Basic and Diluted
The following table details the number of shares and net income used to calculate basic and diluted earnings per share (in thousands, except share and per share amounts; results may not add due to rounding):
 
Three Months Ended March 31,
 
2020
 
2019
 
Basic
 
Diluted
 
Basic
 
Diluted
Numerator
 
 
 
 
 
 
 
Net income
$
8,087

 
$
8,087

 
$
4,583

 
$
4,583

Net income attributable to noncontrolling interests
(65
)
 
(65
)
 
(60
)
 
(60
)
Nonforfeitable dividends allocated to unvested restricted shareholders
(131
)
 
(131
)
 
(119
)
 
(119
)
Net income attributable to common shareholders
$
7,891

 
$
7,891

 
$
4,404

 
$
4,404

Denominator
 
 
 
 
 
 
 
Weighted-average shares outstanding
176,069,968

 
176,069,968

 
175,857,358

 
175,857,358

Contingent securities/Share based compensation

 
583,491

 

 
606,860

Weighted-average shares outstanding
176,069,968

 
176,653,459

 
175,857,358

 
176,464,218

Earnings per Common Share:
 
 
 
 
 
 
 
Net income attributable to common shareholders
$
0.04

 
$
0.04

 
$
0.03

 
$
0.02