Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2020 and 2019 (in thousands):

	Three Months Ended March 31,
	2020			2019
Earnings per Common Share - basic:
Numerator:
Net income	$	175,309		$	36,005
Net income attributable to noncontrolling interests in CPLP from continuing operations	(302		)	(588		)
Net income attributable to other noncontrolling interests	(64		)	(76		)
Net income available to common stockholders	$	174,943		$	35,341
Denominator:
Weighted average common shares - basic	147,424			105,127
Net income per common share - basic	$	1.19		$	0.34
Earnings per common share - diluted:
Numerator:
Net income	$	175,309		$	36,005
Net income attributable to other noncontrolling interests	(64		)	(76		)
Net income available for common stockholders before allocation of net income attributable to noncontrolling interests in CPLP	$	175,245		$	35,929
Denominator:
Weighted average common shares - basic	147,424			105,127
Add:
Potential dilutive common shares - stock options	15			30
Potential dilutive common shares - restricted stock units,     less shares assumed purchased at market price	2			—
Weighted average units of CPLP convertible into     common shares	1,120			1,744
Weighted average common shares - diluted	148,561			106,901
Net income per common share - diluted	$	1.18		$	0.34
Antidilutive restricted stock units, less share assumed purchased at market price	3			—