Three Months Ended

March 31,

2022

2021

Computation of Basic and Diluted Earnings Per Share:

Net income available to the Company's common shareholders

$

230,948

$

131,588

Earnings attributable to participating securities

(1,360

)

(792

)

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

229,588

130,796

Distributions on convertible units

11

9

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

$

229,599

$

130,805

Weighted average common shares outstanding – basic

614,767

430,524

Effect of dilutive securities (1):

Equity awards

1,874

1,606

Assumed conversion of convertible units

117

134

Weighted average common shares outstanding – diluted

616,758

432,264

Net income available to the Company's common shareholders:

Basic earnings per share

$

0.37

$

0.30

Diluted earnings per share

$

0.37

$

0.30