EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2022

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,
	2022		2021		2022		2021
NUMERATOR
Basic:
Net income (loss)	$	10,562	$	15,623	$	29,565	$	(109,945	)
Diluted:
Net income (loss)	$	10,562	$	15,623	$	29,565	$	(109,945	)
DENOMINATOR
Basic:
Weighted average common shares outstanding		120,529		120,283		120,662		120,098
Diluted:
Weighted average common shares outstanding		120,529		120,283		120,662		120,098
Effect of dilutive securities:
Restricted stock-based awards	817			434	721			—
Non-controlling interest - Operating Partnership      Units		—		1,342		—		—
Weighted average shares and assumed conversions		121,346		122,059		121,383		120,098
BASIC EARNINGS (LOSS) PER SHARE	$	0.09	$	0.13	$	0.25	$	(0.92	)
DILUTED EARNINGS (LOSS) PER SHARE	$	0.09	$	0.13	$	0.24	$	(0.92	)