Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share of Common Stock (Details)

v3.21.2
Earnings per Share of Common Stock (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Numerator:        
Net income (loss) attributable to controlling stockholders and participating securities $ (2,838) $ 21,175 $ 64,159 $ 57,491
Less: Dividends and distributions on participating securities (200) (200) (700) (700)
Less: Undistributed earnings attributable to participating securities 0 0 0 0
Net income (loss) attributable to controlling stockholders — basic (3,000) 21,000 63,500 56,800
Add: Interest expense related to convertible notes under the if-converted method 0 100 1,000 100
Add: Undistributed earnings attributable to participating securities 0 0 0 0
Net income (loss) attributable to controlling stockholders — dilutive $ (3,000) $ 21,100 $ 64,500 $ 56,900
Denominator:        
Weighted-average number of common shares — basic (in shares) 79,335,173 74,012,788 78,407,028 71,376,004
Weighted-average number of common shares — diluted (in shares) 79,335,173 76,131,252 82,069,464 72,644,626
Basic earnings per common share (in usd per share) $ (0.04) $ 0.28 $ 0.81 $ 0.80
Diluted earnings per common share (in usd per share) $ (0.04) $ 0.28 $ 0.79 $ 0.78
Securities being allocated a portion of earnings:        
Weighted-average number of OP units (in shares) 559,686 321,261 459,848 301,582
Participating securities:        
Potential shares of common stock related to convertible notes (in shares) 3,494,175 8,485,630    
LTIP Units with market-based vesting conditions        
Participating securities:        
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 581,301 653,071    
Potentially dilutive securities (in shares) 347,478 312,704    
Restricted stock units        
Participating securities:        
Potentially dilutive securities (in shares) 81,846 235,866