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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2021
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 Years Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

NUMERATOR

 

 

 

 

 

 

 

 

 

 

 

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common

   stockholders

 

$

(51,896

)

 

$

54,157

 

 

$

188,886

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common

   stockholders

 

$

(51,896

)

 

$

54,157

 

 

$

188,886

 

Net income attributable to non-controlling

   interest

 

 

 

 

 

1,181

 

 

 

 

Diluted net income (loss) attributable to common

   stockholders

 

$

(51,896

)

 

$

55,338

 

 

$

188,886

 

DENOMINATOR

 

 

 

 

 

 

 

 

 

 

 

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

120,192

 

 

 

119,559

 

 

 

119,028

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

120,192

 

 

 

119,559

 

 

 

119,028

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

 

 

 

 

 

22

 

Restricted stock-based awards

 

 

 

 

28

 

 

114

 

Non-controlling interest - Operating

   Partnership Units

 

 

 

 

 

1,342

 

 

 

 

Weighted average shares and assumed

   conversions

 

 

120,192

 

 

 

120,929

 

 

 

119,164

 

BASIC EARNINGS (LOSS) PER SHARE

 

$

(0.43

)

 

$

0.45

 

 

$

1.59

 

DILUTED EARNINGS (LOSS) PER SHARE

 

$

(0.43

)

 

$

0.45

 

 

$

1.59