Earnings Per Common Share (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2025 and 2024:

	Quarters Ended September 30,				Nine Months Ended September 30,
(amounts in thousands, except per share data)	2025		2024		2025		2024
Numerators:
Net income available for Common Stockholders – Basic	$	97,130	$	82,821	$	286,030	$	271,023
Amounts allocated to non-controlling interests (dilutive securities)	3,233		4,042		12,211		13,230
Net income available for Common Stockholders – Fully Diluted	$	100,363	$	86,863	$	298,241	$	284,253
Denominators:
Weighted average Common Shares outstanding – Basic	193,004		186,327		191,640		186,311
Effect of dilutive securities:
Exchange of Common OP Units for Common Shares	7,065		9,105		8,412		9,105
Stock options and restricted stock	57		78		46		91
Weighted average Common Shares outstanding and OP Units – Fully Diluted	200,126		195,510		200,098		195,507
Earnings per Common Share – Basic	$	0.50	$	0.44	$	1.49	$	1.45
Earnings per Common Share – Fully Diluted	$	0.50	$	0.44	$	1.49	$	1.45