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Earnings Per Share and Per Unit
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share and Per Unit Earnings Per Share and Per Unit
The following table sets forth the computation of basic and diluted earnings per share of the Company:

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Earnings per Common Share - basic:
Numerator:
Net income$52,602 $61,844 $94,705 $118,699 
Net (income) attributable to noncontrolling interests in the Operating Partnership
(1,203)(1,624)(2,168)(3,117)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(266)(294)(523)(575)
Dividends on Preferred Stock(622)(621)(1,243)(1,243)
Net income available for common stockholders$50,511 $59,305 $90,771 $113,764 
Denominator:
Denominator for basic earnings per Common Share – weighted average shares (1)
105,163 104,106 105,049 104,035 
Net income available for common stockholders$0.48 $0.57 $0.86 $1.09 
Earnings per Common Share - diluted:
Numerator:
Net income$52,602 $61,844 $94,705 $118,699 
Net (income) attributable to noncontrolling interests in consolidated affiliates
(266)(294)(523)(575)
Dividends on Preferred Stock(622)(621)(1,243)(1,243)
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership
$51,714 $60,929 $92,939 $116,881 
Denominator:
Denominator for basic earnings per Common Share – weighted average shares (1)
105,163 104,106 105,049 104,035 
Add:
Stock options using the treasury method5 20 10 14 
Noncontrolling interests Common Units2,486 2,838 2,495 2,838 
Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions
107,654 106,964 107,554 106,887 
Net income available for common stockholders$0.48 $0.57 $0.86 $1.09 
__________
(1)Includes all unvested restricted stock where dividends on such restricted stock are non-forfeitable.
The following table sets forth the computation of basic and diluted earnings per unit of the Operating Partnership:

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Earnings per Common Unit - basic:
Numerator:
Net income$52,602 $61,844 $94,705 $118,699 
Net (income) attributable to noncontrolling interests in consolidated affiliates
(266)(294)(523)(575)
Distributions on Preferred Units(622)(621)(1,243)(1,243)
Net income available for common unitholders$51,714 $60,929 $92,939 $116,881 
Denominator:
Denominator for basic earnings per Common Unit – weighted average units (1)
107,240 106,535 107,135 106,464 
Net income available for common unitholders$0.48 $0.57 $0.87 $1.10 
Earnings per Common Unit - diluted:
Numerator:
Net income$52,602 $61,844 $94,705 $118,699 
Net (income) attributable to noncontrolling interests in consolidated affiliates
(266)(294)(523)(575)
Distributions on Preferred Units(622)(621)(1,243)(1,243)
Net income available for common unitholders$51,714 $60,929 $92,939 $116,881 
Denominator:
Denominator for basic earnings per Common Unit – weighted average units (1)
107,240 106,535 107,135 106,464 
Add:
Stock options using the treasury method5 20 10 14 
Denominator for diluted earnings per Common Unit – adjusted weighted average units and assumed conversions
107,245 106,555 107,145 106,478 
Net income available for common unitholders$0.48 $0.57 $0.87 $1.10 
__________
(1)Includes all unvested restricted stock where distributions on such restricted stock are non-forfeitable.