Net Income per Common Share

6 Months Ended

Jun. 30, 2021

Net Income per Common ShareBasic 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 June 30,		Six months ended June 30,
	2021	2020	2021	2020
Weighted average shares used for the basic net income per share computation	374,236,424	343,515,406	372,879,165	340,061,487
Incremental shares from share-based compensation	104,599	169,853	92,579	219,778
Weighted average shares used for diluted net income per share computation	374,341,023	343,685,259	372,971,744	340,281,265
Unvested shares from share based compensation that were anti-dilutive	161,359	122,222	148,342	65,623
Weighted average partnership common units convertible to common shares that were anti-dilutive	463,119	463,119	463,119	463,119