Annual report pursuant to Section 13 and 15(d)

Earnings per Share of Common Stock (Details)

v3.20.4
Earnings per Share of Common Stock (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Numerator:                      
Net income (loss) attributable to controlling stockholders and participating securities $ 24,925 $ 21,175 $ 12,008 $ 24,308 $ 46,076 $ 9,102 $ 12,740 $ 13,646 $ 82,416 $ 81,564 $ 41,577
Less: Dividends and distributions to participating securities                 (900) (1,400) (1,800)
Undistributed earnings attributable to participating securities                 0 0 0
Net income (loss) attributable to controlling stockholders                 81,500 80,200 39,800
Add: Interest expense related to convertible notes under the if-converted method                 400 0 0
Net income (loss) attributable to controlling stockholders—diluted                 $ 81,900 $ 80,200 $ 39,800
Denominator:                      
Weighted-average number of common shares-basic (in shares)                 72,387,581 63,916,440 52,780,449
Weighted-average number of common shares-diluted (in shares)                 74,373,169 64,771,491 52,780,449
Basic earnings per common share (in usd per share) $ 0.33 $ 0.28 $ 0.16 $ 0.36 $ 0.70 $ 0.14 $ 0.20 $ 0.22 $ 1.13 $ 1.25 $ 0.75
Diluted earnings per common share (in usd per share) $ 0.32 $ 0.28 $ 0.16 $ 0.35 $ 0.66 $ 0.13 $ 0.19 $ 0.21 $ 1.10 $ 1.24 $ 0.75
Securities being allocated a portion of earnings:                      
Weighted-average number of OP units (in shares)                 309,465 279,135 281,106
Participating securities:                      
Unvested restricted common stock outstanding at period end (i.e. participating securities) (in shares)                 652,859 951,552 1,386,756
Potentially dilutive securities as of period end:                      
Potential shares of common stock related to convertible notes                 8,487,800 5,510,499 5,506,605
Restricted stock units                      
Potentially dilutive securities as of period end:                      
Potentially dilutive securities as of period end                 235,600 435,578 393,148
LTIP Units with market-based vesting conditions                      
Potentially dilutive securities as of period end:                      
Potentially dilutive securities as of period end                 312,704 180,500 0