| Schedule of Earnings Per Share, 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): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | 2023 | | 2022 | | 2021 | | Basic | | Diluted | | Basic | | Diluted | | Basic | | Diluted | | Numerator | | | | | | | | | | | | | Net income (loss) | $ | (197,403) | | | $ | (197,403) | | | $ | 53,992 | | | $ | 53,992 | | | $ | 12,366 | | | $ | 12,366 | | | Net (income) loss attributable to noncontrolling interests | 614 | | | 614 | | | (168) | | | (168) | | | (77) | | | (77) | | | Nonforfeitable dividends allocated to unvested restricted shareholders | (567) | | | (567) | | | (456) | | | (456) | | | (421) | | | (421) | | | | | | | | | | | | | | | | | | | | | | | | | | | Net income (loss) attributable to common shareholders | $ | (197,356) | | | $ | (197,356) | | | $ | 53,368 | | | $ | 53,368 | | | $ | 11,868 | | | $ | 11,868 | | | Denominator | | | | | | | | | | | | | Weighted-average shares outstanding | 171,959,210 | | | 171,959,210 | | | 171,491,369 | | | 171,491,369 | | | 170,878,185 | | | 170,878,185 | | | Contingent securities/Share-based compensation | — | | | — | | | — | | | 834,277 | | | — | | | 1,395,055 | | | Weighted-average shares outstanding | 171,959,210 | | | 171,959,210 | | | 171,491,369 | | | 172,325,646 | | | 170,878,185 | | | 172,273,240 | | | Earnings (loss) per Common Share: | | | | | | | | | | | | | Net income (loss) attributable to common shareholders | $ | (1.15) | | | $ | (1.15) | | | $ | 0.31 | | | $ | 0.31 | | | $ | 0.07 | | | $ | 0.07 | |
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): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | 2023 | | 2022 | | 2021 | | Basic | | Diluted | | Basic | | Diluted | | Basic | | Diluted | | Numerator | | | | | | | | | | | | | Net income (loss) | $ | (197,403) | | | $ | (197,403) | | | $ | 53,992 | | | $ | 53,992 | | | $ | 12,366 | | | $ | 12,366 | | | Net loss attributable to noncontrolling interests | 22 | | | 22 | | | 2 | | | 2 | | | 3 | | | 3 | | | Nonforfeitable dividends allocated to unvested restricted unitholders | (567) | | | (567) | | | (456) | | | (456) | | | (421) | | | (421) | | | | | | | | | | | | | | | | | | | | | | | | | | | Net income (loss) attributable to common unitholders | $ | (197,948) | | | $ | (197,948) | | | $ | 53,538 | | | $ | 53,538 | | | $ | 11,948 | | | $ | 11,948 | | | Denominator | | | | | | | | | | | | | Weighted-average units outstanding | 172,475,645 | | | 172,475,645 | | | 172,036,481 | | | 172,036,481 | | | 171,770,843 | | | 171,770,843 | | | Contingent securities/Share-based compensation | — | | | — | | | — | | | 834,277 | | | — | | | 1,395,055 | | | Total weighted-average units outstanding | 172,475,645 | | | 172,475,645 | | | 172,036,481 | | | 172,870,758 | | | 171,770,843 | | | 173,165,898 | | | Earnings (loss) per Common Partnership Unit: | | | | | | | | | | | | | Net income (loss) attributable to common unitholders | $ | (1.15) | | | $ | (1.15) | | | $ | 0.31 | | | $ | 0.31 | | | $ | 0.07 | | | $ | 0.07 | |
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