PARTNERS' EQUITY OF THE PARENT COMPANY (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Earnings Per Share (EPS), Basic and Diluted

The following table details 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):


	Three Months Ended March 31,
	2023				2022
	Basic		Diluted		Basic		Diluted
Numerator
Net income (loss)	$	(5,276)	$	(5,276)	$	6,101	$	6,101
Net (income) loss attributable to noncontrolling interests	17		17		(8)		(8)
Nonforfeitable dividends allocated to unvested restricted shareholders	(70)		(70)		(148)		(148)


Net income (loss) attributable to common shareholders	$	(5,329)	$	(5,329)	$	5,945	$	5,945
Denominator
Weighted-average shares outstanding	171,673,167		171,673,167		171,294,949		171,294,949
Contingent securities/Share based compensation	—		—		—		1,594,045
Weighted-average shares outstanding	171,673,167		171,673,167		171,294,949		172,888,994
Earnings (loss) per Common Share:
Net income (loss) attributable to common shareholders	$	(0.03)	$	(0.03)	$	0.03	$	0.03

The following table details 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):


	Three Months Ended March 31,
	2023				2022
	Basic		Diluted		Basic		Diluted
Numerator
Net income (loss)	$	(5,276)	$	(5,276)	$	6,101	$	6,101
Net loss attributable to noncontrolling interests	1		1		2		2
Nonforfeitable dividends allocated to unvested restricted unitholders	(70)		(70)		(148)		(148)


Net income (loss) attributable to common unitholders	$	(5,345)	$	(5,345)	$	5,955	$	5,955
Denominator
Weighted-average units outstanding	172,189,634		172,189,634		171,927,588		171,927,588
Contingent securities/Share based compensation	—		—		—		1,594,045
Total weighted-average units outstanding	172,189,634		172,189,634		171,927,588		173,521,633
Earnings (loss) per Common Partnership Unit:
Net income (loss) attributable to common unitholders	$	(0.03)	$	(0.03)	$	0.03	$	0.03