Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Components of Earnings Per Common Share - Basic and Diluted

Earnings per common share – basic and diluted components for the periods indicated are as follows (in thousands):

	Year Ended December 31,
	2020		2019		2018
Numerator:
Net income	$	118,959	$	322,575	$	345,343
Net income attributable to noncontrolling interests		(6,810)		(7,140)		(17,742)
Net income attributable to common shareholders – basic		112,149		315,435		327,601
Income attributable to operating partnership units		—		2,112		—
Net income attributable to common shareholders – diluted	$	112,149	$	317,547	$	327,601
Denominator:
Weighted average shares outstanding – basic		127,291		127,842		127,651
Effect of dilutive securities:
Share options and awards		878		842		790
Operating partnership units		—		1,432		—
Weighted average shares outstanding – diluted		128,169		130,116		128,441

Anti-Dilutive Securities Of Common Shares

Anti-dilutive securities of our common shares, which are excluded from the calculation of earnings per common share – diluted, are as follows (in thousands):

	Year Ended December 31,
	2020	2019	2018
Operating partnership units	1,432	—	1,432