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Earnings Per Share and Per Unit
 12 Months Ended
Dec. 31, 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:

Year Ended December 31,
202220212020
Earnings per Common Share - basic:
Numerator:
Net income$163,958 $323,310 $357,914 
Net (income) attributable to noncontrolling interests in the Operating Partnership(3,670)(8,321)(9,338)
Net (income) attributable to noncontrolling interests in consolidated affiliates(1,230)(1,712)(1,174)
Dividends on Preferred Stock(2,486)(2,486)(2,488)
Net income available for common stockholders$156,572 $310,791 $344,914 
Denominator:
Denominator for basic earnings per Common Share – weighted average shares (1)
105,120 104,232 103,876 
Net income available for common stockholders$1.49 $2.98 $3.32 
Earnings per Common Share - diluted:
Numerator:
Net income$163,958 $323,310 $357,914 
Net (income) attributable to noncontrolling interests in consolidated affiliates(1,230)(1,712)(1,174)
Dividends on Preferred Stock(2,486)(2,486)(2,488)
Net income available for common stockholders before net (income) attributable to noncontrolling interests in the Operating Partnership$160,242 $319,112 $354,252 
Denominator:
Denominator for basic earnings per Common Share – weighted average shares (1)
105,120 104,232 103,876 
Add:
Stock options using the treasury method5 18 8 
Noncontrolling interests Common Units2,442 2,811 2,830 
Denominator for diluted earnings per Common Share – adjusted weighted average shares and assumed conversions107,567 107,061 106,714 
Net income available for common stockholders$1.49 $2.98 $3.32 
__________
(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:

Year Ended December 31,
202220212020
Earnings per Common Unit - basic:
Numerator:
Net income$163,958 $323,310 $357,914 
Net (income) attributable to noncontrolling interests in consolidated affiliates(1,230)(1,712)(1,174)
Distributions on Preferred Units(2,486)(2,486)(2,488)
Net income available for common unitholders$160,242 $319,112 $354,252 
Denominator:
Denominator for basic earnings per Common Unit – weighted average units (1)
107,153 106,634 106,297 
Net income available for common unitholders$1.50 $2.99 $3.33 
Earnings per Common Unit - diluted:
Numerator:
Net income$163,958 $323,310 $357,914 
Net (income) attributable to noncontrolling interests in consolidated affiliates(1,230)(1,712)(1,174)
Distributions on Preferred Units(2,486)(2,486)(2,488)
Net income available for common unitholders$160,242 $319,112 $354,252 
Denominator:
Denominator for basic earnings per Common Unit – weighted average units (1)
107,153 106,634 106,297 
Add:
Stock options using the treasury method5 18 8 
Denominator for diluted earnings per Common Unit – adjusted weighted average units and assumed conversions107,158 106,652 106,305 
Net income available for common unitholders$1.50 $2.99 $3.33 
__________
(1)Includes all unvested restricted stock where distributions on such restricted stock are non-forfeitable.