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 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Numerator:        
Net income (loss) attributable to controlling stockholders and participating securities $ 26,540 $ 13,522 $ 149,566 $ 37,628
Less: Dividends and distributions on participating securities (300) (200) (800) (500)
Less: Undistributed earnings attributable to participating securities 0 0 (400) 0
Net income (loss) attributable to controlling stockholders — basic 26,200 13,300 148,400 37,100
Add: Interest expense related to Convertible Notes under the if-converted method 0 300 12,500 700
Add: Undistributed earnings attributable to participating securities 0 0 400 0
Net income (loss) attributable to controlling stockholders — dilutive $ 26,200 $ 13,600 $ 161,300 $ 37,800
Denominator:        
Weighted-average number of common shares — basic (in shares) 114,329,692 96,996,805 113,473,750 94,065,873
Weighted-average number of common shares — diluted (in shares) 114,433,285 99,989,158 131,922,504 97,075,329
Basic earnings per common share (in usd per share) $ 0.23 $ 0.14 $ 1.31 $ 0.39
Diluted earnings per common share (in usd per share) $ 0.23 $ 0.14 $ 1.22 $ 0.39
Securities being allocated a portion of earnings:        
Weighted-average number of OP units (in shares) 1,529,282 1,331,877 1,461,584 1,259,246
Participating securities:        
Potentially dilutive securities as of period end (in shares) 858,423 630,420    
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) 858,423 630,420 858,423 630,420
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) 20,926 99,984 20,926 99,984
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) 253,574 493,858 253,574 493,858
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) 18,397,237 3,539,999 0 3,539,999