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Beneficiaries Equity of the Parent Company (Tables)
3 Months Ended
Mar. 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):

  

 

Three-month periods ended March 31,

 

 

2019

 

 

2018

 

 

Basic

 

 

Diluted

 

 

Basic

 

 

Diluted

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

4,066

 

 

$

4,066

 

 

$

44,705

 

 

$

44,705

 

Net income attributable to noncontrolling interests

 

(57

)

 

 

(57

)

 

 

(376

)

 

 

(376

)

Nonforfeitable dividends allocated to unvested restricted shareholders

 

(119

)

 

 

(119

)

 

 

(114

)

 

 

(114

)

Net income attributable to common shareholders

$

3,890

 

 

$

3,890

 

 

$

44,215

 

 

$

44,215

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

175,857,358

 

 

 

175,857,358

 

 

 

178,395,525

 

 

 

178,395,525

 

Contingent securities/Share based compensation

 

-

 

 

 

606,860

 

 

 

-

 

 

 

1,392,786

 

Weighted-average shares outstanding

 

175,857,358

 

 

 

176,464,218

 

 

 

178,395,525

 

 

 

179,788,311

 

Earnings per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders

$

0.02

 

 

$

0.02

 

 

$

0.25

 

 

$

0.25