EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2023

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 (in thousands, except per share amounts):


	For the Three Months Ended March 31,
	2023		2022
Numerator for basic and diluted earnings per share:
Income from continuing operations	$	18,912	$	40,592
Net income	18,912		40,592
Net income attributable to noncontrolling interests	1,395		1,860
Net income attributable to common stockholders	$	17,517	$	38,732
Denominator:
Denominator for basic earnings per share—weighted average shares	399,989		399,297
Effect of dilutive securities:
Stock options	—		25
Restricted stock awards	320		421
OP unitholder interests	3,483		3,517
Denominator for diluted earnings per share—adjusted weighted average shares	403,792		403,260
Basic earnings per share:
Income from continuing operations	$	0.05	$	0.10
Net income attributable to common stockholders	0.04		0.10
Diluted earnings per share: (1)
Income from continuing operations	$	0.05	$	0.10
Net income attributable to common stockholders	0.04		0.10

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(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.