EARNINGS PER COMMON SHARE (Tables)

6 Months Ended

Jun. 30, 2021

Computation of Basic and Diluted Earnings Per Common Share

The following table shows the amounts used in computing our basic and diluted earnings per share:


	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2021		2020		2021		2020
	(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
Income (loss) from continuing operations	$	88,288	$	(159,235)	$	32,890	$	315,495
Net income (loss)	88,288		(159,235)		32,890		315,495
Net income (loss) attributable to noncontrolling interests	1,897		(2,065)		3,708		(452)
Net income (loss) attributable to common stockholders	$	86,391	$	(157,170)	$	29,182	$	315,947
Denominator:
Denominator for basic earnings per share—weighted average shares	375,067		372,982		374,869		372,905
Effect of dilutive securities:
Stock options	58		—		34		—
Restricted stock awards	328		87		304		140
OP unitholder interests	2,954		2,955		2,954		2,975
Denominator for diluted earnings per share—adjusted weighted average shares	378,408		376,024		378,161		376,020
Basic earnings per share:
Income (loss) from continuing operations	$	0.24	$	(0.43)	$	0.09	$	0.85
Net income (loss) attributable to common stockholders	0.23		(0.42)		0.08		0.85
Diluted earnings per share:(1)
Income (loss) from continuing operations	$	0.23	$	(0.43)	$	0.09	$	0.84
Net income (loss) attributable to common stockholders	0.23		(0.42)		0.08		0.84

(1) Potential common shares are not included in the computation of diluted earnings per share when a loss from continuing operations exists as the effect would be an antidilutive per share amount.