EARNINGS PER SHARE/UNIT

12 Months Ended

Dec. 31, 2018

Earnings per Share/Unit [Abstract]

EARNINGS PER SHARE/UNIT

NOTE 23 - EARNINGS PER SHARE/UNIT

The following tables set forth the computation of basic and diluted earnings per share/unit:

	Omega						Omega OP
	Year Ended December 31,						Year Ended December 31,
	2018		2017		2016		2018		2017		2016
	(in thousands, except per share amounts)
Numerator:
Net income	$	293,884	$	104,910	$	383,367	$	293,884	$	104,910	$	383,367
Less: net income attributable to noncontrolling interests		(12,306)		(4,491)		(16,952)		—		—		—
Net income available to common stockholders/Omega OP Unit holders	$	281,578	$	100,419	$	366,415	$	293,884	$	104,910	$	383,367
Denominator:
Denominator for basic earnings per share/unit		200,279		197,738		191,781		209,020		206,521		200,679
Effect of dilutive securities:
Common stock equivalents		691		269		956		691		269		956
Noncontrolling interest – Omega OP Units		8,741		8,783		8,898		—		—		—
Denominator for diluted earnings per share/unit		209,711		206,790		201,635		209,711		206,790		201,635
Earnings per share - basic:
Net income available to common stockholders/Omega OP Unit holders	$	1.41	$	0.51	$	1.91	$	1.41	$	0.51	$	1.91
Earnings per share/unit – diluted:
Net income	$	1.40	$	0.51	$	1.90	$	1.40	$	0.51	$	1.90