Annual report pursuant to Section 13 and 15(d)

Earnings per Share of Common Stock (Details)

v3.22.0.1
Earnings per Share of Common Stock (Details) - USD ($)
$ / shares in Units, $ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Numerator:      
Net income (loss) attributable to controlling stockholders and participating securities $ 126,579 $ 82,416 $ 81,564
Less: Dividends and distributions to participating securities (900) (900) (1,400)
Undistributed earnings attributable to participating securities 0 0 0
Net income (loss) attributable to controlling stockholders 125,700 81,500 80,200
Add: Interest expense related to convertible notes under the if-converted method 6,300 400 0
Net income (loss) attributable to controlling stockholders—diluted $ 132,000 $ 81,900 $ 80,200
Denominator:      
Weighted-average number of common shares—basic (in shares) 79,992,922 72,387,581 63,916,440
Weighted-average number of common shares-diluted (in shares) 87,671,641 74,373,169 64,771,491
Basic earnings per common share (in usd per share) $ 1.57 $ 1.13 $ 1.25
Diluted earnings per common share (in usd per share) $ 1.51 $ 1.10 $ 1.24
Securities being allocated a portion of earnings:      
Weighted-average number of OP units (in shares) 485,013 309,465 279,135
Participating securities:      
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 577,594 652,859 951,552
Potentially dilutive securities as of period end:      
Potential shares of common stock related to convertible notes 3,274,300 8,487,800 5,510,499
Restricted stock units      
Potentially dilutive securities as of period end:      
Potentially dilutive securities as of period end 78,366 235,600 435,578
LTIP Units with market-based vesting conditions      
Potentially dilutive securities as of period end:      
Potentially dilutive securities as of period end 347,478 312,704 180,500