EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 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 June 30,				For the Six Months Ended June 30,
	2020		2019		2020		2019
NUMERATOR
Basic:
Net income attributable to common stockholders	$	22,186	$	48,578	$	54,243	$	97,918
Diluted:
Net income attributable to common stockholders	$	22,186	$	48,578	$	54,243	$	97,918
Net income attributable to non-controlling interest		—		—		1,181		—
Diluted net income attributable to common stockholders	$	22,186	$	48,578	$	55,424	$	97,918
DENOMINATOR
Basic:
Weighted average common shares outstanding		119,630		119,080		119,483		119,026
Diluted:
Weighted average common shares outstanding		119,630		119,080		119,483		119,026
Effect of dilutive securities:
Stock options		—		51		—		43
Restricted stock-based awards	2			131	25			112
Non-controlling interest – Operating Partnership      Units		1,342		—		1,342		—
Weighted average shares and assumed conversions		120,974		119,262		120,850		119,181
BASIC EARNINGS PER SHARE	$	0.19	$	0.41	$	0.45	$	0.82
DILUTED EARNINGS PER SHARE	$	0.18	$	0.41	$	0.45	$	0.82