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Quarterly Results (Unaudited)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results (Unaudited) Quarterly Results (Unaudited)
Presented below is a summary of the unaudited quarterly financial information for the year ended December 31, 2020 for the General Partner (in thousands, except share and per share amounts):
Quarters Ended
March 31,
2020
June 30,
2020
September 30,
2020
December 31,
2020
Total revenues$299,182 $278,997 $295,278 $287,909 
Net income (loss)
86,863 54,239 97,983 (37,866)
Net income (loss) attributable to the General Partner
86,808 54,208 97,932 (37,820)
Basic and dilutive net income (loss) per share attributable to common stockholders (1)
$0.34 $0.19 $0.40 $(0.21)
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(1)The sum of the quarterly net income (loss) per share amounts may not agree to the full year net income (loss) per share amounts. The Company calculates net income (loss) per share based on the weighted-average number of outstanding shares of Common Stock during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.
Presented below is a summary of the unaudited quarterly financial information for the year ended December 31, 2020 for the OP (in thousands, except share and per share amounts):
Quarters Ended
March 31,
2020
June 30,
2020
September 30,
2020
December 31,
2020
Total revenues$299,182 $278,997 $295,278 $287,909 
Net income (loss)
86,863 54,239 97,983 (37,866)
Net income (loss) attributable to the OP
86,870 54,247 97,997 (37,836)
Basic and dilutive net income (loss) per unit attributable to common unitholders (1)
$0.34 $0.19 $0.40 $(0.21)
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(1)The sum of the quarterly net income (loss) per unit amounts may not agree to the full year net income (loss) per unit amounts. The Company calculates net income (loss) per unit based on the weighted-average number of outstanding units during the reporting period. The average number of units fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.
Presented below is a summary of the unaudited quarterly financial information for the year ended December 31, 2019 for the General Partner (in thousands, except share and per share amounts):
Quarters Ended
March 31, 2019June 30, 2019September 30,
2019
December 31,
2019
Total revenues (1)
$316,880 $312,188 $303,301 $305,685 
Net income (loss)
70,971 292,284 (741,529)71,168 
Net income (loss) attributable to the General Partner
69,304 285,658 (726,440)71,125 
Basic and dilutive net income (loss) per share attributable to common stockholders (2)
$0.27 $1.37 $(3.79)$0.26 
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(1)Includes the fees from managed partnerships to be consistent with the current year presentation.
(2)The sum of the quarterly net income (loss) per share amounts may not agree to the full year net income (loss) per share amounts. The Company calculates net income (loss) per share based on the weighted-average number of outstanding shares of Common Stock during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.
Presented below is a summary of the unaudited quarterly financial information for the year ended December 31, 2019 for the OP (in thousands, except share and per share amounts):
Quarters Ended
March 31, 2019June 30, 2019September 30,
2019
December 31,
2019
Total revenues (1)
$316,880 $312,188 $303,301 $305,685 
Net income (loss)
70,971 292,284 (741,529)71,168 
Net income (loss) attributable to the OP
70,999 292,314 (741,504)71,187 
Basic and dilutive net income (loss) per unit attributable to common unitholders (2)
$0.27 $1.37 $(3.79)$0.26 
_______________________________________________
(1)Includes the fees from managed partnerships to be consistent with the current year presentation.
(2)The sum of the quarterly net income (loss) per unit amounts may not agree to the full year net income (loss) per unit amounts. The Company calculates net income (loss) per unit based on the weighted-average number of outstanding units during the reporting period. The average number of units fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.