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Earnings Per Share | 6 Months Ended
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Jun. 30, 2022
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Numerator for basic earnings per share - net income (loss) attributable to common stockholders |  | $ | 89,784 |  |  | $ | 26,257 |  |  | $ | 151,709 |  |  | $ | 97,803 |
Adjustment for net income (loss) attributable to OP units(1) |  | 228 |  |  | (873) |  |  | 106 |  |  | (2,225) |
Numerator for diluted earnings per share |  | $ | 90,012 |  |  | $ | 25,384 |  |  | $ | 151,815 |  |  | $ | 95,578 |
Denominator for basic earnings per share - weighted average shares |  | 454,327 |  |  | 417,452 |  |  | 450,865 |  |  | 417,360 |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Employee stock options |  | 40 |  |  | — |  |  | 36 |  |  | — |
Non-vested restricted shares |  | 1,166 |  |  | 438 |  |  | 1,070 |  |  | 430 |
OP units(1) |  | 1,526 |  |  | 1,396 |  |  | 1,461 |  |  | 1,396 |
Employee stock purchase program |  | 23 |  |  | 19 |  |  | 23 |  |  | 19 |
Dilutive potential common shares |  | 2,755 |  |  | 1,853 |  |  | 2,590 |  |  | 1,845 |
Denominator for diluted earnings per share - adjusted weighted average shares |  | 457,082 |  |  | 419,305 |  |  | 453,455 |  |  | 419,205 |
Basic earnings per share |  | $ | 0.20 |  |  | $ | 0.06 |  |  | $ | 0.34 |  |  | $ | 0.23 |
Diluted earnings per share |  | $ | 0.20 |  |  | $ | 0.06 |  |  | $ | 0.33 |  |  | $ | 0.23 |
(1) OP units include both Welltower OP units owned by outside investors as well as OP units owned by outside investors in certain consolidated DownREIT subsidiaries. As of June 30, 2022, and June 30, 2021, outstanding forward sales agreements for the sale of 17,636,290 shares and 13,052,375 shares, respectively, were not included in the computation of diluted earnings per share because such forward sales were anti-dilutive for the periods.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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