Beneficiaries Equity of the Parent Company (Tables)

12 Months Ended

Dec. 31, 2018

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,
	2018						2017						2016
	Basic			Diluted			Basic			Diluted			Basic			Diluted
Numerator
Net income	$	137,289		$	137,289		$	121,859		$	121,859		$	40,501		$	40,501
Net income attributable to noncontrolling interests		(965	)		(965	)		(1,009	)		(1,009	)		(310	)		(310	)
Nonforfeitable dividends allocated to unvested restricted shareholders		(369	)		(369	)		(327	)		(327	)		(341	)		(341	)
Distribution to preferred shareholders		-			-			(2,032	)		(2,032	)		(6,900	)		(6,900	)
Preferred share redemption charge		-			-			(3,181	)		(3,181	)		-			-
Net income attributable to common shareholders	$	135,955		$	135,955		$	115,310		$	115,310		$	32,950		$	32,950
Denominator
Weighted-average shares outstanding		178,519,748			178,519,748			175,484,350			175,484,350			175,018,163			175,018,163
Contingent securities/Share based compensation		-			1,121,744			-			1,323,816			-			992,651
Weighted-average shares outstanding		178,519,748			179,641,492			175,484,350			176,808,166			175,018,163			176,010,814
Earnings per Common Share:
Net income attributable to common shareholders	$	0.76		$	0.76		$	0.66		$	0.65		$	0.19		$	0.19