PARTNERS' EQUITY OF THE PARENT COMPANY (Tables)

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Schedule of Earnings Per Share, 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 June 30,
	2024				2023
	Basic		Diluted		Basic		Diluted
Numerator
Net income (loss)	$	30,267	$	30,267	$	(12,737)	$	(12,737)
Net (income) loss attributable to noncontrolling interests	(94)		(94)		41		41
Nonforfeitable dividends allocated to unvested restricted shareholders	(277)		(277)		(204)		(204)
Net income (loss) attributable to common shareholders	$	29,896	$	29,896	$	(12,900)	$	(12,900)
Denominator
Weighted-average shares outstanding	172,563,136		172,563,136		171,962,162		171,962,162
Contingent securities/Share based compensation	—		2,132,515		—		—
Weighted-average shares outstanding	172,563,136		174,695,651		171,962,162		171,962,162
Earnings (loss) per Common Share:
Net income (loss) attributable to common shareholders	$	0.17	$	0.17	$	(0.08)	$	(0.08)

	Six Months Ended June 30,
	2024				2023
	Basic		Diluted		Basic		Diluted
Numerator
Net income (loss)	$	13,853	$	13,853	$	(18,013)	$	(18,013)
Net (income) loss attributable to noncontrolling interests	(48)		(48)		58		58
Nonforfeitable dividends allocated to unvested restricted shareholders	(613)		(613)		(274)		(274)
Net income (loss) attributable to common shareholders	$	13,192	$	13,192	$	(18,229)	$	(18,229)
Denominator
Weighted-average shares outstanding	172,385,087		172,385,087		171,818,463		171,818,463
Contingent securities/Share based compensation	—		1,957,064		—		—
Weighted-average shares outstanding	172,385,087		174,342,151		171,818,463		171,818,463
Earnings (loss) per Common Share:
Net income (loss) attributable to common shareholders	$	0.08	$	0.08	$	(0.11)	$	(0.11)

The following table details the number of units and net income used to calculate basic and diluted earnings per common partnership unit (in thousands, except unit and per unit amounts; results may not add due to rounding):

	Three Months Ended June 30,
	2024				2023
	Basic		Diluted		Basic		Diluted
Numerator
Net income (loss)	$	30,267	$	30,267	$	(12,737)	$	(12,737)
Net income attributable to noncontrolling interests	(3)		(3)		—		—
Nonforfeitable dividends allocated to unvested restricted unitholders	(277)		(277)		(204)		(204)
Net income (loss) attributable to common unitholders	$	29,987	$	29,987	$	(12,941)	$	(12,941)
Denominator
Total weighted-average units outstanding	173,078,731		175,211,246		172,478,629		172,478,629
Earnings (loss) per Common Partnership Unit:
Net income (loss) attributable to common unitholders	$	0.17	$	0.17	$	(0.08)	$	(0.08)

	Six Months Ended June 30,
	2024				2023
	Basic		Diluted		Basic		Diluted
Numerator
Net income (loss)	$	13,853	$	13,853	$	(18,013)	$	(18,013)
Net (income) loss attributable to noncontrolling interests	(6)		(6)		1		1
Nonforfeitable dividends allocated to unvested restricted unitholders	(613)		(613)		(274)		(274)
Net income (loss) attributable to common unitholders	$	13,234	$	13,234	$	(18,286)	$	(18,286)
Denominator
Weighted-average units outstanding	172,900,681		172,900,681		172,334,930		172,334,930
Contingent securities/Share based compensation	—		1,957,064		—		—
Total weighted-average units outstanding	172,900,681		174,857,745		172,334,930		172,334,930
Earnings (loss) per Common Partnership Unit:
Net income (loss) attributable to common unitholders	$	0.08	$	0.08	$	(0.11)	$	(0.11)