Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

The components of the computation of basic and diluted EPS are as follows:


	Three-Month Period Ended
(In thousands except share amounts)	March 31, 2021		March 31, 2020
Net income (loss) attributable to common stockholders	$	37,856	$	(129,398)
Add: Net income (loss) attributable to Convertible Non-controlling Interests(1)	577		(2,055)
Net income (loss) attributable to common stockholders and Convertible Non-controlling Interests	38,433		(131,453)
Dividends Paid:
Common stockholders	(13,134)		(19,748)
Convertible Non-controlling Interests	(200)		(309)
Total dividends paid to common stockholders and Convertible Non-controlling Interests	(13,334)		(20,057)
Undistributed (Distributed in excess of) earnings:
Common stockholders	24,722		(149,146)
Convertible Non-controlling Interests	377		(2,364)
Total undistributed (distributed in excess of) earnings attributable to common stockholders and Convertible Non-controlling Interests	$	25,099	$	(151,510)
Weighted average shares outstanding (basic and diluted):
Weighted average shares of common stock outstanding	43,781,684		42,598,138
Weighted average Convertible Non-controlling Interest Units outstanding	666,499		685,500
Weighted average shares of common stock and Convertible Non-controlling Interest Units outstanding	44,448,183		43,283,638
Basic earnings per share of common stock and Convertible Non-controlling Interest Unit:
Distributed	$	0.30	$	0.45
Undistributed (Distributed in excess of)	0.56		(3.49)
	$	0.86	$	(3.04)
Diluted earnings per share of common stock and Convertible Non-controlling Interest Unit:
Distributed	$	0.30	$	0.45
Undistributed (Distributed in excess of)	0.56		(3.49)
	$	0.86	$	(3.04)

(1)For the three-month periods ended March 31, 2021 and 2020, excludes net income (loss) of $0.9 million and $1.2 million, respectively, attributable to joint venture partners, which have non-participating interests as described in Note 15.