Three Months Ended

September 30,

Nine Months Ended

September 30,

2021

2020

2021

2020

Computation of Basic and Diluted Earnings Per Share:

Net income/(loss) available to the Company's common shareholders

$

501,385

$

(44,748

)

$

743,316

$

780,537

Earnings attributable to participating securities

(4,078

)

(251

)

(5,749

)

(5,259

)

Net income/(loss) available to the Company’s common shareholders for basic earnings per share

497,307

(44,999

)

737,567

775,278

Distributions on convertible units

42

-

3,009

119

Net income/(loss) available to the Company’s common shareholders for diluted earnings per share

$

497,349

$

(44,999

)

$

740,576

$

775,397

Weighted average common shares outstanding – basic

546,842

429,994

469,885

429,899

Effect of dilutive securities (1):

Equity awards

1,718

-

1,837

1,496

Assumed conversion of convertible units

206

-

2,730

207

Weighted average common shares outstanding – diluted

548,766

429,994

474,452

431,602

Net income/(loss) available to the Company's common shareholders:

Basic earnings per share

$

0.91

$

(0.10

)

$

1.57

$

1.80

Diluted earnings per share

$

0.91

$

(0.10

)

$

1.56

$

1.80