Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share of Common Stock (Details)

v3.22.2
Earnings per Share of Common Stock (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Numerator:        
Net income (loss) attributable to controlling stockholders and participating securities $ (18,449) $ 15,974 $ 26,896 $ 66,998
Less: Dividends and distributions on participating securities (100) (200) (400) (500)
Less: Undistributed earnings attributable to participating securities 0 0 0 (100)
Net income (loss) attributable to controlling stockholders — basic (18,500) 15,800 26,500 66,400
Add: Interest expense related to Convertible Notes under the if-converted method 0 300 700 4,300
Add: Undistributed earnings attributable to participating securities 0 0 0 100
Net income (loss) attributable to controlling stockholders — dilutive $ (18,500) $ 16,100 $ 27,200 $ 70,800
Denominator:        
Weighted-average number of common shares — basic (in shares) 87,049,777 78,372,647 86,316,464 77,935,264
Weighted-average number of common shares — diluted (in shares) 87,049,777 81,944,511 89,541,858 87,165,587
Basic earnings per common share (in usd per share) $ (0.21) $ 0.20 $ 0.31 $ 0.85
Diluted earnings per common share (in usd per share) $ (0.21) $ 0.20 $ 0.30 $ 0.81
Securities being allocated a portion of earnings:        
Weighted-average number of OP units (in shares) 1,054,706 493,737 864,956 409,102
Participating securities:        
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares)     387,186 567,088
Potentially dilutive securities as of period end:        
Potential shares of common stock related to convertible notes (in shares)     6,514,307 8,490,305
Restricted stock units        
Potentially dilutive securities as of period end:        
Potentially dilutive securities as of period end (in shares)     62,920 81,846
LTIP Units with market-based vesting conditions        
Potentially dilutive securities as of period end:        
Potentially dilutive securities as of period end (in shares)     324,028 347,478