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Earnings Per Share and Per Unit
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share and Per Unit Earnings Per Share and Per Unit
The following table sets forth the computation of basic and diluted earnings per share of the Company:

Three Months Ended
March 31,
20252024
Earnings per Common Share - basic:
Numerator:
Net income$100,000 $27,213 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(1,956)(533)
Net loss attributable to noncontrolling interests in consolidated affiliates 26 5 
Dividends on Preferred Stock(621)(621)
Net income available for common stockholders$97,449 $26,064 
Denominator:
Denominator for basic earnings per Common Share – weighted average shares (1)
107,683 105,804 
Net income available for common stockholders$0.91 $0.25 
Earnings per Common Share - diluted:
Numerator:
Net income$100,000 $27,213 
Net loss attributable to noncontrolling interests in consolidated affiliates26 5 
Dividends on Preferred Stock(621)(621)
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
$99,405 $26,597 
Denominator:
Denominator for basic earnings per Common Share – weighted average shares (1)
107,683 105,804 
Add:
Noncontrolling interests Common Units2,151 2,154 
Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions
109,834 107,958 
Net income available for common stockholders$0.91 $0.25 
__________
(1)Includes all unvested restricted stock where dividends on such restricted stock are non-forfeitable.
The following table sets forth the computation of basic and diluted earnings per unit of the Operating Partnership:

Three Months Ended
March 31,
20252024
Earnings per Common Unit - basic:
Numerator:
Net income$100,000 $27,213 
Net loss attributable to noncontrolling interests in consolidated affiliates26 5 
Distributions on Preferred Units(621)(621)
Net income available for common unitholders$99,405 $26,597 
Denominator:
Denominator for basic earnings per Common Unit – weighted average units (1)
109,425 107,549 
Net income available for common unitholders$0.91 $0.25 
Earnings per Common Unit - diluted:
Numerator:
Net income$100,000 $27,213 
Net loss attributable to noncontrolling interests in consolidated affiliates26 5 
Distributions on Preferred Units(621)(621)
Net income available for common unitholders$99,405 $26,597 
Denominator:
Denominator for basic earnings per Common Unit – weighted average units (1)
109,425 107,549 
Net income available for common unitholders$0.91 $0.25 
__________
(1)Includes all unvested restricted stock where distributions on such restricted stock are non-forfeitable.