Net income per share has been computed pursuant to the guidance in the FASB ASC Topic 260, Earnings Per Share. The guidance requires the classification of the Company’s unvested restricted common stock, which contain rights to receive non‑forfeitable dividends, as participating securities requiring the two‑class method of computing net income per share. Diluted net income per share of common stock further considers the effect of potentially dilutive shares of common stock outstanding during the period. The OP Units held by non-controlling interests represent potentially dilutive securities as the OP Units may be exchanged for cash or, at the Company’s election, shares of the Company’s common stock on a one-for-one basis.

The following is a reconciliation of the numerator and denominator used in the computation of basic and diluted net income per share (dollars in thousands):

(dollar amounts in thousands)	Three months ended September 30, 2018			Period from June 25, 2018 to September 30, 2018
Numerator for basic and diluted earnings per share:
Net income	$	7,707		$	8,029
Less: net income attributable to non-controlling interests		(2,383	)		(2,482	)
Less: net income allocated to unvested restricted common stock		(155	)		(155	)
Net income available for common stockholders: basic		5,169			5,392
Net income attributable to non-controlling interests		2,383			2,482
Net income available for common stockholders: diluted	$	7,552		$	7,874

Denominator for basic and diluted earnings per share:
Weighted average common shares outstanding		43,056,044			42,928,750
Less: weighted average number of shares of unvested restricted common stock		(691,290	)		(691,290	)
Weighted average shares outstanding used in basic net income per share		42,364,754			42,237,460
Effects of dilutive securities: ⁽¹⁾
OP Units		19,056,552			19,056,552
Unvested restricted common stock		51,369			48,266
Weighted average shares outstanding used in diluted net income per share		61,472,675			61,342,278

(1)	Assumes the most dilutive issuance of potentially issuable shares between the two-class and treasury stock method unless the result would be anti-dilutive.