Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

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


	Three-Month Period Ended
(In thousands except share amounts)	March 31, 2022		March 31, 2021
Net income (loss) attributable to common stockholders	$	(9,902)	$	37,856
Add: Net income (loss) attributable to Convertible Non-controlling Interests(1)	(126)		577
Net income (loss) attributable to common stockholders and Convertible Non-controlling Interests	(10,028)		38,433
Dividends declared:
Common stockholders	(26,189)		(13,134)
Convertible Non-controlling Interests	(332)		(200)
Total dividends declared to common stockholders and Convertible Non-controlling Interests	(26,521)		(13,334)
Undistributed (Distributed in excess of) earnings:
Common stockholders	(36,091)		24,722
Convertible Non-controlling Interests	(458)		377
Total undistributed (distributed in excess of) earnings attributable to common stockholders and Convertible Non-controlling Interests	$	(36,549)	$	25,099
Weighted average shares outstanding (basic and diluted):
Weighted average shares of common stock outstanding	57,614,015		43,781,684
Weighted average Convertible Non-controlling Interest Units outstanding	733,354		666,499
Weighted average shares of common stock and Convertible Non-controlling Interest Units outstanding	58,347,369		44,448,183
Basic earnings per share of common stock and Convertible Non-controlling Interest Unit:
Distributed	$	0.45	$	0.30
Undistributed (Distributed in excess of)	(0.62)		0.56
	$	(0.17)	$	0.86
Diluted earnings per share of common stock and Convertible Non-controlling Interest Unit:
Distributed	$	0.45	$	0.30
Undistributed (Distributed in excess of)	(0.62)		0.56
	$	(0.17)	$	0.86

(1)For the three-month periods ended March 31, 2022 and 2021, excludes net income (loss) of $(0.3) million and $0.9 million, respectively, attributable to joint venture partners, which have non-participating interests as described in Note 15.