Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share of Common Stock (Details)

v3.20.1
Earnings per Share of Common Stock (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Numerator:    
Net income (loss) attributable to controlling stockholders and participating securities $ 24,308 $ 13,647
Less: Dividends on participating securities (300) (300)
Undistributed earnings attributable to participating securities 0 0
Net income (loss) attributable to controlling stockholders — basic 24,000 13,300
Add: Interest expense associated with convertible debt 1,800 0
Net income (loss) attributable to controlling stockholders — dilutive $ 25,800 $ 13,300
Denominator:    
Weighted-average number of common shares — basic (in shares) 67,172,104 61,748,906
Weighted-average number of common shares — diluted (in shares) 73,140,922 62,365,271
Basic earnings per common share (in usd per share) $ 0.36 $ 0.22
Diluted earnings per common share (in usd per share) $ 0.35 $ 0.21
Securities being allocated a portion of earnings:    
Weighted-average number of OP units (in shares) 281,903 281,289
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 660,880 983,655
Potential shares of common stock related to convertible notes (in shares) 5,510,499 5,506,605
Restricted stock units    
Securities being allocated a portion of earnings:    
Potentially dilutive securities (in shares) 241,988 437,640
LTIP Units with market-based vesting conditions    
Securities being allocated a portion of earnings:    
Potentially dilutive securities (in shares) 180,500 0