EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

A reconciliation of the numerator and denominator of the basic earnings per share computation to the numerator and denominator of the diluted earnings per share computation is as follows (in thousands, except per share data):

	For the Three Months Ended March 31,
	2020		2019
NUMERATOR
Basic:
Net income attributable to common stockholders	$	32,057	$	49,340
Diluted:
Net income attributable to common stockholders	$	32,057	$	49,340
Net income attributable to non-controlling interest		1,181		—
Diluted net income attributable to common stockholders	$	33,238	$	49,340
DENOMINATOR
Basic:
Weighted average common shares outstanding		119,336		118,836
Diluted:
Weighted average common shares outstanding		119,336		118,836
Effect of dilutive securities:
Stock options		—		36
Restricted stock-based awards	47			46
Non-controlling interest – Operating Partnership Units		1,342		—
Weighted average shares and assumed conversions		120,725		118,918
BASIC EARNINGS PER SHARE	$	0.27	$	0.42
DILUTED EARNINGS PER SHARE	$	0.27	$	0.41