Earnings per Share and Unit (Tables)

6 Months Ended

Jun. 30, 2022

Schedule of earnings per share

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

	Three months ended June 30,				Six months ended June 30,
(in thousands, except per share data)	2022		2021		2022		2021
Numerator:
Income attributable to common stockholders - basic	$	104,796		95,490	$	300,024		176,146
Income attributable to common stockholders - diluted	$	104,796		95,490	$	300,024		176,146
Denominator:
Weighted average common shares outstanding for basic EPS		172,064		169,854		171,692		169,812
Weighted average common shares outstanding for diluted EPS		172,424		170,172		172,036		170,065
Income per common share – basic	$	0.61		0.56	$	1.75		1.04
Income per common share – diluted	$	0.61		0.56	$	1.74		1.04

Partnership Interest [Member]

Schedule of earnings per share

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

	Three months ended June 30,				Six months ended June 30,
(in thousands, except per share data)	2022		2021		2022		2021
Numerator:
Income attributable to common unit holders - basic	$	105,248		95,922	$	301,339		176,942
Income attributable to common unit holders - diluted	$	105,248		95,922	$	301,339		176,942
Denominator:
Weighted average common units outstanding for basic EPU		172,805		170,617		172,448		170,576
Weighted average common units outstanding for diluted EPU		173,165		170,935		172,791		170,828
Income per common unit – basic	$	0.61		0.56	$	1.75		1.04
Income per common unit – diluted	$	0.61		0.56	$	1.74		1.04