Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2025

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted 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, 2025 and 2024:

	Quarters Ended June 30,				Six Months Ended June 30,
(amounts in thousands, except per share data)	2025		2024		2025		2024
Numerators:
Net income available for Common Stockholders – Basic	$	79,708	$	78,297	$	188,900	$	188,202
Amounts allocated to non controlling interest (dilutive securities)	3,777		3,822		8,978		9,188
Net income available for Common Stockholders – Fully Diluted	$	83,485	$	82,119	$	197,878	$	197,390
Denominators:
Weighted average Common Shares outstanding – Basic	190,992		186,318		190,958		186,303
Effect of dilutive securities:
Exchange of Common OP Units for Common Shares	9,068		9,105		9,086		9,105
Stock options and restricted stock	35		42		40		97
Weighted average Common Shares outstanding and OP Units – Fully Diluted	200,095		195,465		200,084		195,505
Earnings per Common Share – Basic	$	0.42	$	0.42	$	0.99	$	1.01
Earnings per Common Share – Fully Diluted	$	0.42	$	0.42	$	0.99	$	1.01