Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Basic and diluted earnings per share calculation

Basic and diluted EPS are calculated as follows:

	For the Three Months Ended March 31,
	2020		2019
(in thousands, except share and per share data)
Numerator:
Net income available to common stockholders — basic and diluted	$	49,854	$	20,716
Denominator:
Weighted average common shares outstanding — basic	542,549,512		521,440,822
Effect of dilutive securities:
Incremental shares attributed to non-vested share-based awards	1,354,908		376,672
Weighted average common shares outstanding — diluted	543,904,420		521,817,494
Net income per common share — basic	$	0.09	$	0.04
Net income per common share — diluted	$	0.09	$	0.04