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BENEFICIARIES' EQUITY OF THE PARENT COMPANY (Tables)
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Earnings Per Share (EPS), Basic and Diluted
The following tables detail the number of shares and net income used to calculate basic and diluted earnings per share (in thousands, except share and per share amounts; results may not add due to rounding):
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Basic
 
Diluted
 
Basic
 
Diluted
 
Basic
 
Diluted
Numerator
 
 
 
 
 
 
 
 
 
 
 
Net income
$
34,529

 
$
34,529

 
$
135,472

 
$
135,472

 
$
121,177

 
$
121,177

Net income attributable to noncontrolling interests
(262
)
 
(262
)
 
(954
)
 
(954
)
 
(1,004
)
 
(1,004
)
Nonforfeitable dividends allocated to unvested restricted shareholders
(396
)
 
(396
)
 
(369
)
 
(369
)
 
(327
)
 
(327
)
Distribution to preferred shareholders
—

 
—

 
—

 
—

 
(2,032
)
 
(2,032
)
Preferred share redemption charge
—

 
—

 
—

 
—

 
(3,181
)
 
(3,181
)
Net income attributable to common shareholders
$
33,871

 
$
33,871

 
$
134,149

 
$
134,149

 
$
114,633

 
$
114,633

Denominator
 
 
 
 
 
 
 
 
 
 
 
Weighted-average shares outstanding
176,132,941

 
176,132,941

 
178,519,748

 
178,519,748

 
175,484,350

 
175,484,350

Contingent securities/Share based compensation
—

 
553,872

 
—

 
1,121,744

 
—

 
1,323,816

Weighted-average shares outstanding
176,132,941

 
176,686,813

 
178,519,748

 
179,641,492

 
175,484,350

 
176,808,166

Earnings per Common Share:
 
 
 
 
 
 
 
 
 
 
 
Net income attributable to common shareholders
$
0.19

 
$
0.19

 
$
0.75

 
$
0.75

 
$
0.65

 
$
0.65


The following tables detail the number of units and net income used to calculate basic and diluted earnings per common partnership unit (in thousands, except unit and per unit amounts; results may not add due to rounding):
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Basic
 
Diluted
 
Basic
 
Diluted
 
Basic
 
Diluted
Numerator
 
 
 
 
 
 
 
 
 
 
 
Net income
$
34,529

 
$
34,529

 
$
135,472

 
$
135,472

 
$
121,177

 
$
121,177

Net income attributable to noncontrolling interests
(69
)
 
(69
)
 
(55
)
 
(55
)
 
(29
)
 
(29
)
Nonforfeitable dividends allocated to unvested restricted unitholders
(396
)
 
(396
)
 
(369
)
 
(369
)
 
(327
)
 
(327
)
Preferred unit dividends
—

 
—

 
—

 
—

 
(2,032
)
 
(2,032
)
Preferred unit redemption charge
—

 
—

 
—

 
—

 
(3,181
)
 
(3,181
)
Net income attributable to common unitholders
$
34,064

 
$
34,064

 
$
135,048

 
$
135,048

 
$
115,608

 
$
115,608

Denominator
 
 
 
 
 
 
 
 
 
 
 
Weighted-average units outstanding
177,114,932

 
177,114,932

 
179,959,370

 
179,959,370

 
176,964,149

 
176,964,149

Contingent securities/Share based compensation
—

 
553,872

 
—

 
1,121,744

 
—

 
1,323,816

Total weighted-average units outstanding
177,114,932

 
177,668,804

 
179,959,370

 
181,081,114

 
176,964,149

 
178,287,965

Earnings per Common Partnership Unit:
 
 
 
 
 
 
 
 
 
 
 
Net income attributable to common unitholders
$
0.19

 
$
0.19

 
$
0.75

 
$
0.75

 
$
0.65

 
$
0.65