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Earnings per Share and Unit (Tables)

3 Months Ended

Mar. 31, 2019

Parent Company [Member]

Schedule of earnings per share

The following summarizes the calculation of basic and diluted earnings per share:



		Three months ended March 31,
(in thousands, except per share data)		2019				2018
Numerator:
Income from operations attributable to common stockholders - basic		$	90,446			52,660
Income from operations attributable to common stockholders - diluted		$	90,446			52,660
Denominator:
Weighted average common shares outstanding for basic EPS		167,440				170,704
Weighted average common shares outstanding for diluted EPS ⁽¹⁾		167,717				170,959

Income per common share – basic		$	0.54			0.31
Income per common share – diluted		$	0.54			0.31
⁽¹⁾ Includes the dilutive impact of unvested restricted stock using the treasury stock method.

Partnership Interest [Member]

Schedule of earnings per share

The following summarizes the calculation of basic and diluted earnings per unit:



		Three months ended March 31,
(in thousands, except per share data)		2019				2018
Numerator:
Income from operations attributable to common unit holders - basic		$	90,636			52,771
Income from operations attributable to common unit holders - diluted		$	90,636			52,771
Denominator:
Weighted average common units outstanding for basic EPU		167,790				171,054
Weighted average common units outstanding for diluted EPU ⁽¹⁾		168,067				171,309

Income per common unit – basic		$	0.54			0.31
Income per common unit – diluted		$	0.54			0.31
⁽¹⁾ Includes the dilutive impact of unvested restricted stock using the treasury stock method.