Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share of common stock (“Common Share”) for the quarters and six months ended June 30, 2023 and 2022:

	Quarters Ended June 30,				Six Months Ended June 30,
(amounts in thousands, except per share data)	2023		2022		2023		2022
Numerators:
Net income available for Common Stockholders – Basic	$	62,920	$	61,509	$	145,291	$	144,415
Amounts allocated to non controlling interest (dilutive securities)	3,121		3,073		7,209		7,217
Net income available for Common Stockholders – Fully Diluted	$	66,041	$	64,582	$	152,500	$	151,632
Denominators:
Weighted average Common Shares outstanding – Basic	186,023		185,767		185,962		185,729
Effect of dilutive securities:
Exchange of Common OP Units for Common Shares	9,240		9,297		9,251		9,299
Stock options and restricted stock	167		163		175		225
Weighted average Common Shares outstanding – Fully Diluted	195,430		195,227		195,388		195,253
Earnings per Common Share – Basic	$	0.34	$	0.33	$	0.78	$	0.78
Earnings per Common Share – Fully Diluted	$	0.34	$	0.33	$	0.78	$	0.78