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Income per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Income per Share
Income per Share
The following is a summary of basic and diluted income per share (in thousands, except share and per share amounts):
 
 
Three Months Ended March 31,
 
2018
 
2017
Net income available to common stockholders
$
86,298


$
66,145

Weighted average shares outstanding—basic
205,714,173


159,297,027

Potentially dilutive common shares:
 
 
 
Stock options


4

Unvested incentive units
302,016


237,336

Forward equity offering

 
283,388

Market performance-based awards
491,287


603,900

Weighted average shares outstanding—diluted
206,507,476


160,421,655

Income per share:
 
 
 
Basic
$
0.42


$
0.42

Diluted
$
0.42


$
0.41


We have excluded the following potentially dilutive securities in the calculations above as they would be antidilutive or not dilutive: 
 
Three Months Ended March 31,
 
2018
 
2017
Weighted average of Operating Partnership common units not owned by Digital Realty Trust, Inc.
8,295,287


2,177,874

Potentially dilutive Series C Cumulative Redeemable Perpetual Preferred Stock
1,967,430

 

Potentially dilutive Series F Cumulative Redeemable Preferred Stock

 
1,783,083

Potentially dilutive Series G Cumulative Redeemable Preferred Stock
2,439,505

 
2,438,074

Potentially dilutive Series H Cumulative Redeemable Preferred Stock
3,574,840

 
3,572,744

Potentially dilutive Series I Cumulative Redeemable Preferred Stock
2,442,359

 
2,440,928

Potentially dilutive Series J Cumulative Redeemable Preferred Stock
1,948,598

 

Total
20,668,019


12,412,703