Three Months Ended

March 31,

2020

2019

Computation of Basic and Diluted Earnings Per Share:

Net income available to the Company's common shareholders

$

83,746

$

101,635

Earnings attributable to participating securities

(686

)

(625

)

Net income available to the Company’s common shareholders for basic earnings per share

83,060

101,010

Distributions on convertible units

-

25

Net income available to the Company’s common shareholders for diluted earnings per share

$

83,060

$

101,035

Weighted average common shares outstanding – basic

429,735

419,464

Effect of dilutive securities (1):

Equity awards

717

1,182

Assumed conversion of convertible units

53

117

Weighted average common shares outstanding – diluted

430,505

420,763

Net income available to the Company's common shareholders:

Basic earnings per share

$

0.19

$

0.24

Diluted earnings per share

$

0.19

$

0.24