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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2019
 
2018
 
2019
 
2018
Numerator for basic and diluted earnings
 
 
 
 
 
 
 
 
per share - net income (loss) attributable
 
 
 
 
 
 
 
 
to common stockholders
 
$
137,762

 
$
154,432

 
$
418,232

 
$
592,103

 
 
 
 
 
 
 
 
 
Denominator for basic earnings per
 
 
 
 
 
 
 
 
share - weighted average shares
 
404,607

 
371,640

 
398,073

 
371,552

Effect of dilutive securities:
 
 
 
 
 

 
 
Employee stock options
 

 
14

 
1

 
15

Non-vested restricted shares
 
955

 
325

 
911

 
523

Redeemable shares
 
1,096

 
1,096

 
1,096

 
1,096

Employee stock purchase program
 
15

 

 
15

 

Dilutive potential common shares
 
2,066

 
1,435

 
2,023

 
1,634

Denominator for diluted earnings per
 
 
 
 
 
 
 
 
share - adjusted weighted average shares
 
406,673

 
373,075

 
400,096

 
373,186

 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.34

 
$
0.42

 
$
1.05

 
$
1.59

Diluted earnings per share
 
$
0.34

 
$
0.41

 
$
1.05

 
$
1.59