Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share of Common Stock (Details)

v3.22.2.2
Earnings per Share of Common Stock (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Numerator:        
Net income (loss) attributable to controlling stockholders and participating securities $ 34,534 $ (2,838) $ 61,431 $ 64,159
Less: Dividends and distributions on participating securities (100) (200) (500) (700)
Less: Undistributed earnings attributable to participating securities 0 0 0 0
Net income (loss) attributable to controlling stockholders — basic 34,400 (3,000) 60,900 63,500
Add: Interest expense related to Convertible Notes under the if-converted method 300 0 1,000 1,000
Add: Undistributed earnings attributable to participating securities 0 0 0 0
Net income (loss) attributable to controlling stockholders — dilutive $ 34,700 $ (3,000) $ 61,900 $ 64,500
Denominator:        
Weighted-average number of common shares — basic (in shares) 87,721,756 79,335,173 86,784,895 78,407,028
Weighted-average number of common shares — diluted (in shares) 90,762,820 79,335,173 89,928,741 82,069,464
Basic earnings per common share (in usd per share) $ 0.39 $ (0.04) $ 0.70 $ 0.81
Diluted earnings per common share (in usd per share) $ 0.38 $ (0.04) $ 0.69 $ 0.79
Securities being allocated a portion of earnings:        
Weighted-average number of OP units (in shares) 1,136,809 559,686 955,574 459,848
Participating securities:        
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares)     392,602 581,301
Potentially dilutive securities as of period end:        
Potential shares of common stock related to convertible notes (in shares)     6,517,086 349,175
Restricted stock units        
Potentially dilutive securities as of period end:        
Potentially dilutive securities as of period end (in shares)     60,402 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