Equity (Tables)

6 Months Ended

Jun. 30, 2022

Equity [Abstract]

Schedule of Reconciliation of the Numerator and Denominator of Earnings Per Share

The following table provides a reconciliation of the numerator and denominator of earnings per share calculations (amounts in thousands, except per share amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator for basic and diluted earnings per share:
Net Income	$	35,643	$	6,060	$	47,187	$	2,329
Deduct net income attributable to non-controlling interests	(36)		(33)		(72)		(67)
Deduct earnings allocated to unvested restricted stock	(1,787)		(295)		(2,354)		(371)
Net income available for common stockholders: basic and diluted	$	33,820	$	5,732	$	44,761	$	1,891
Denominator for basic earnings per share:
Weighted average number of common shares outstanding	17,671,073		17,720,488		17,616,740		17,520,963
Effect of dilutive securities:
RSUs	55,270		—		73,861		—
Denominator for diluted earnings per share:
Weighted average number of shares	17,726,343		17,720,488		17,690,601		17,520,963
Earnings per common share, basic	$	1.91	$	0.34	$	2.54	$	0.13
Earnings per common share, diluted	$	1.91	$	0.34	$	2.53	$	0.13