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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Computation of Basic and Diluted 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 March 31,
|  |  |  |  |  | 2023 |  | 2022
Numerator for basic earnings per share - net income (loss) attributable to common stockholders |  |  |  |  |  | $ | 25,673 |  |  | $ | 61,925 |
Adjustment for net income (loss) attributable to OP Units and DownREIT Units |  |  |  |  |  | (10) |  |  | (145) |
Numerator for diluted earnings per share |  |  |  |  |  | $ | 25,663 |  |  | $ | 61,780 |
Denominator for basic earnings per share - weighted average shares |  |  |  |  |  | 492,061 |  |  | 447,379 |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Employee stock options |  |  |  |  |  | 4 |  |  | 31 |
Non-vested restricted shares and units |  |  |  |  |  | 613 |  |  | 974 |
OP Units and DownREIT Units |  |  |  |  |  | 1,786 |  |  | 1,396 |
Employee stock purchase program |  |  |  |  |  | 30 |  |  | 22 |
Dilutive potential common shares |  |  |  |  |  | 2,433 |  |  | 2,423 |
Denominator for diluted earnings per share - adjusted weighted average shares |  |  |  |  |  | 494,494 |  |  | 449,802 |
Basic earnings per share |  |  |  |  |  | $ | 0.05 |  |  | $ | 0.14 |
Diluted earnings per share |  |  |  |  |  | $ | 0.05 |  |  | $ | 0.14 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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