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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted EPS
The components of the computation of basic and diluted EPS are as follows:
Three-Month Period EndedNine-Month Period Ended
(In thousands except share amounts)September 30, 2021September 30, 2020September 30, 2021September 30, 2020
Net income (loss) attributable to common stockholders$20,564 $46,203 $91,075 $(45,917)
Add: Net income (loss) attributable to Convertible Non-controlling Interests(1)
281 647 1,363 (916)
Net income (loss) attributable to common stockholders and Convertible Non-controlling Interests
20,845 46,850 92,438 (46,833)
Dividends Paid:
Common stockholders(22,854)(11,821)(55,253)(42,514)
Convertible Non-controlling Interests(307)(166)(805)(627)
Total dividends paid to common stockholders and Convertible Non-controlling Interests
(23,161)(11,987)(56,058)(43,141)
Undistributed (Distributed in excess of) earnings:
Common stockholders(2,290)34,382 35,822 (88,431)
Convertible Non-controlling Interests(26)481 558 (1,543)
Total undistributed (distributed in excess of) earnings attributable to common stockholders and Convertible Non-controlling Interests
$(2,316)$34,863 $36,380 $(89,974)
Weighted average shares outstanding (basic and diluted):
Weighted average shares of common stock outstanding49,853,267 43,779,134 45,827,785 43,387,168 
Weighted average Convertible Non-controlling Interest Units outstanding680,066 613,319 674,964 635,836 
Weighted average shares of common stock and Convertible Non-controlling Interest Units outstanding
50,533,333 44,392,453 46,502,749 44,023,004 
Basic earnings per share of common stock and Convertible Non-controlling Interest Unit:
Distributed$0.45 $0.27 $1.19 $0.97 
Undistributed (Distributed in excess of)(0.04)0.79 0.80 (2.03)
$0.41 $1.06 $1.99 $(1.06)
Diluted earnings per share of common stock and Convertible Non-controlling Interest Unit:
Distributed$0.45 $0.27 $1.19 $0.97 
Undistributed (Distributed in excess of)(0.04)0.79 0.80 (2.03)
$0.41 $1.06 $1.99 $(1.06)
(1)For the three-month periods ended September 30, 2021 and 2020, excludes net income (loss) of $1.2 million and $0.9 million, respectively, attributable to joint venture partners, which have non-participating interests as described in Note 15. For the nine-month periods ended September 30, 2021 and 2020, excludes net income (loss) of $3.4 million and $2.8 million, respectively, attributable to joint venture partners, which have non-participating interests as described in Note 15.