Net Income per Common Share

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Net Income per Common Share

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,
	2022	2021	2022	2021
Weighted average shares used for the basic net income per share computation	601,672,201	374,236,424	597,778,173	372,879,165
Incremental shares from share-based compensation	358,465	104,599	362,529	92,579
Weighted average shares used for diluted net income per share computation	602,030,666	374,341,023	598,140,702	372,971,744
Unvested shares from share based compensation that were anti-dilutive	16,039	161,359	16,437	148,342
Weighted average partnership common units convertible to common shares that were anti-dilutive	1,060,709	463,119	1,060,709	463,119