Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Reconciliation of Net Income (Loss) and Number of Common Shares Used in Computations of "Basic" EPS and "Diluted" EPS

The following table provides a reconciliation of net income and the number of common shares used in the computations of “basic” earnings per share (“EPS”), which utilizes the weighted-average number of common shares outstanding without regard to dilutive potential common shares, and “diluted” EPS, which includes all such shares (in thousands, except per share amounts).

	For the Year Ended December 31,
	2023			2022			2021
Numerators – Basic and Diluted
Net income	$	265,721		$	168,792		$	125,416
Income attributable to non-controlling interests		(18	)		(73	)		(481	)
Write-off of preferred share original issuance costs		—			—			(5,156	)
Preferred dividends		(11,156	)		(11,156	)		(13,656	)
Earnings attributable to unvested shares and OP Units		(606	)		(484	)		(572	)
Net income attributable to common shareholders after    allocation to participating securities	$	253,941		$	157,079		$	105,551
Denominators – Number of Shares
Basic – Average shares outstanding		209,459			212,998			208,004
Assumed conversion of dilutive securities:
PRSUs		162			744			973
Forward equity		—			—			25
OP Units		—			141			141
Diluted – Average shares outstanding		209,621			213,883			209,143
Earnings Per Share:
Basic	$	1.21		$	0.74		$	0.51
Diluted	$	1.21		$	0.73		$	0.51