Net Income per Common Share

9 Months Ended

Sep. 30, 2020

Basic net income per common share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted net income per common share is computed by dividing net income available to common stockholders, plus income attributable to dilutive shares and convertible common units, for the period by the weighted average number of common shares that would have been outstanding assuming the issuance of common shares for all potentially dilutive common shares outstanding during the reporting period.

The following is a reconciliation of the denominator of the basic net income per common share computation to the denominator of the diluted net income per common share computation:


	Three months ended September 30,		Nine months ended September 30,
	2020	2019	2020	2019
Weighted average shares used for the basic net income per share computation	346,476,217	319,945,932	342,214,164	311,556,279
Incremental shares from share-based compensation	273,257	317,085	269,054	309,131
Weighted average shares used for diluted net income per share computation	346,749,474	320,263,017	342,483,218	311,865,410
Unvested shares from share based compensation that were anti-dilutive	59,042	7,892	57,192	6,529
Weighted average partnership common units convertible to common shares that were anti-dilutive	463,119	463,119	463,119	434,981