Beneficiaries Equity of the Parent Company (Tables)

6 Months Ended

Jun. 30, 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 Months Ended June 30,
	2019						2018
	Basic			Diluted			Basic			Diluted
Numerator
Net income	$	6,252		$	6,252		$	12,876		$	12,876
Net income attributable to noncontrolling interests		(47	)		(47	)		(129	)		(129	)
Nonforfeitable dividends allocated to unvested restricted shareholders		(93	)		(93	)		(86	)		(86	)
Net income attributable to common shareholders	$	6,112		$	6,112		$	12,661		$	12,661
Denominator
Weighted-average shares outstanding		176,143,206			176,143,206			178,547,555			178,547,555
Contingent securities/Share based compensation		-			547,618			-			1,144,781
Weighted-average shares outstanding		176,143,206			176,690,824			178,547,555			179,692,336
Earnings per Common Share:
Net income attributable to common shareholders	$	0.03		$	0.03		$	0.07		$	0.07

	Six Months Ended June 30,
	2019						2018
	Basic			Diluted			Basic			Diluted
Numerator
Net income	$	10,835		$	10,835		$	57,321		$	57,321
Net income attributable to noncontrolling interests		(107	)		(107	)		(504	)		(504	)
Nonforfeitable dividends allocated to unvested restricted shareholders		(212	)		(212	)		(200	)		(200	)
Net income attributable to common shareholders	$	10,516		$	10,516		$	56,617		$	56,617
Denominator
Weighted-average shares outstanding		176,001,071			176,001,071			178,471,960			178,471,960
Contingent securities/Share based compensation		-			577,069			-			1,268,730
Weighted-average shares outstanding		176,001,071			176,578,140			178,471,960			179,740,690
Earnings per Common Share:
Net income attributable to common shareholders	$	0.06		$	0.06		$	0.32		$	0.31