Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share of Common Stock (Details)

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Earnings per Share of Common Stock (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Numerator:    
Net income (loss) attributable to controlling stockholders and participating securities $ 123,025 $ 24,106
Less: Dividends and distributions on participating securities (400) (300)
Less: Undistributed earnings attributable to participating securities (500) 0
Net income (loss) attributable to controlling stockholders — basic 122,100 23,800
Add: Interest expense related to Convertible Notes under the if-converted method 6,200 300
Add: Undistributed earnings attributable to participating securities 500 0
Net income (loss) attributable to controlling stockholders — dilutive $ 128,800 $ 24,100
Denominator:    
Weighted-average number of common shares — basic (in shares) 112,617,809 91,102,374
Weighted-average number of common shares — diluted (in shares) 130,998,775 94,129,174
Basic earnings per common share (in usd per share) $ 1.08 $ 0.26
Diluted earnings per common share (in usd per share) $ 0.98 $ 0.26
Securities being allocated a portion of earnings:    
Weighted-average number of OP units (in shares) 1,393,885 1,186,616
Participating securities:    
Potentially dilutive securities as of period end (in shares) 982,670 680,917
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions    
Potentially dilutive securities as of period end that were not dilutive for the presented periods:    
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 982,670 680,917
Restricted stock units    
Potentially dilutive securities as of period end that were not dilutive for the presented periods:    
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 80,438 99,884
LTIP Units with market-based vesting conditions    
Potentially dilutive securities as of period end that were not dilutive for the presented periods:    
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 535,608 493,858
Potential shares of common stock related to Convertible Notes    
Potentially dilutive securities as of period end that were not dilutive for the presented periods:    
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 0 3,537,460