INCOME PER SHARE (Tables)

3 Months Ended

Mar. 31, 2024

INCOME PER SHARE

Weighted Average Number of Common Shares Outstanding

The computation of basic and diluted earnings per common share is as follows (in thousands, except per share data):

		Three Months Ended
		March 31,
		2024		2023
Numerator:
Net income available to common stockholders	$	43,056	$	61,320
Net loss attributable to noncontrolling interest in consolidated joint venture		(579)		(763)
Net income available to common stockholders - if-converted method	$	42,477	$	60,557
Denominator:
Weighted average shares outstanding - basic		59,739		55,182
Effect of dilutive stock-based compensation		430		281
Effect of dilutive put rights		3,235		3,863
Weighted average shares outstanding - diluted		63,404		59,326
Basic income per share available to common stockholders	$	0.72	$	1.11
Diluted income per share available to common stockholders	$	0.67	$	1.02