Earnings per Share and Unit (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of earnings per share

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

	Three months ended September 30,				Nine months ended September 30,
(in thousands, except per share data)	2020		2019		2020		2019
Numerator:
Income attributable to common stockholders - basic	$	12,688		56,965	$	6,402		199,139
Income attributable to common stockholders - diluted	$	12,688		56,965	$	6,402		199,139
Denominator:
Weighted average common shares outstanding for basic EPS		169,671		167,559		169,081		167,512
Weighted average common shares outstanding for diluted EPS		169,970		167,944		169,356		167,834
Income per common share – basic	$	0.07		0.34	$	0.04		1.19
Income per common share – diluted	$	0.07		0.34	$	0.04		1.19

Partnership Interest [Member]

Schedule of earnings per share

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

	Three months ended September 30,				Nine months ended September 30,
(in thousands, except per share data)	2020		2019		2020		2019
Numerator:
Income attributable to common unit holders - basic	$	12,745		57,122	$	6,431		199,595
Income attributable to common unit holders - diluted	$	12,745		57,122	$	6,431		199,595
Denominator:
Weighted average common units outstanding for basic EPU		170,436		167,965		169,846		167,881
Weighted average common units outstanding for diluted EPU		170,735		168,350		170,121		168,203
Income per common unit – basic	$	0.07		0.34	$	0.04		1.19
Income per common unit – diluted	$	0.07		0.34	$	0.04		1.19