EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 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 September 30,				For the Nine Months Ended September 30,
	2020		2019		2020		2019
NUMERATOR
Basic:
Net income attributable to common stockholders	$	26,717	$	48,994	$	80,960	$	146,912
Diluted:
Net income attributable to common stockholders	$	26,717	$	48,994	$	80,960	$	146,912
Net income attributable to non-controlling interest		—		—		1,181		—
Diluted net income attributable to common stockholders	$	26,717	$	48,994	$	82,141	$	146,912
DENOMINATOR
Basic:
Weighted average common shares outstanding		119,632		119,096		119,533		119,028
Diluted:
Weighted average common shares outstanding		119,632		119,096		119,533		119,028
Effect of dilutive securities:
Stock options		—		3		—		30
Restricted stock-based awards	6			90	25			104
Non-controlling interest – Operating Partnership      Units		1,342		—		1,342		—
Weighted average shares and assumed conversions		120,980		119,189		120,900		119,162
BASIC EARNINGS PER SHARE	$	0.22	$	0.41	$	0.68	$	1.23
DILUTED EARNINGS PER SHARE	$	0.22	$	0.41	$	0.68	$	1.23