Three Months Ended

Six Months Ended

June 30,

2020

2019

2020

2019

Computation of Basic and Diluted Earnings Per Share:

Net income available to the Company's common shareholders

$

741,539

$

86,493

$

825,285

$

188,128

Earnings attributable to participating securities

(5,253

)

(660

)

(5,687

)

(1,285

)

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

736,286

85,833

819,598

186,843

Distributions on convertible units

33

-

81

20

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

$

736,319

$

85,833

$

819,679

$

186,863

Weighted average common shares outstanding – basic

429,967

419,697

429,851

419,581

Effect of dilutive securities (1):

Equity awards

970

949

1,469

1,166

Assumed conversion of convertible units

233

-

207

51

Weighted average common shares outstanding – diluted

431,170

420,646

431,527

420,798

Net income available to the Company's common shareholders:

Basic earnings per share

$

1.71

$

0.20

$

1.91

$

0.45

Diluted earnings per share

$

1.71

$

0.20

$

1.90

$

0.44