Earnings Per Common Share

3 Months Ended

Mar. 31, 2022

The following table sets forth the computation of basic and diluted earnings per share of common stock for the quarters ended March 31, 2022 and 2021:


	Quarters Ended March 31,
(amounts in thousands, except per share data)	2022		2021
Numerators:
Net income available for Common Stockholders – Basic	$	82,906	$	65,240
Amounts allocated to non controlling interest (dilutive securities)	4,144		3,747
Net income available for Common Stockholders – Fully Diluted	$	87,050	$	68,987
Denominators:
Weighted average Common Shares outstanding – Basic	185,690		181,945
Effect of dilutive securities:
Exchange of Common OP Units for Common Shares	9,301		10,473
Stock options and restricted stock	255		267
Weighted average Common Shares outstanding – Fully Diluted	195,246		192,685

Earnings per Common Share – Basic	$	0.45	$	0.36

Earnings per Common Share – Fully Diluted	$	0.45	$	0.36