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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2021
Earnings Per Share [Abstract] |
Schedule of Weighted Average Earnings Per Share | The following tables reconcile the weighted-average shares of common stock outstanding used in the calculation of basic earnings per share to the weighted-average shares of common stock outstanding used in the calculation of diluted earnings per share:
| Three Months Ended March 31, |  |
(In thousands) | 2021 |  | 2020 |  |  |  |
Determination of shares: |  |  |  |  |  |  |
Weighted-average shares of common stock outstanding | 536,481 |  |  | 465,177 |  |  |  |  |
Assumed conversion of restricted stock (1) | 924 |  |  | — |  |  |  |  |
Assumed settlement of forward sale agreements (1) | 7,397 |  |  | — |  |  |  |  |
Diluted weighted-average shares of common stock outstanding | 544,802 |  |  | 465,177 |  |  |  |  |
____________________ (1)For the three months ended March 31, 2020, any such amounts have been excluded from the diluted weighted average number of shares of common stock as we were in a net loss position and the effect of inclusion would have been anti-dilutive. Assuming we had net income, using the treasury stock method, the assumed conversion of our restricted stock would have been in the amount of 83,367 shares and the assumed settlement of the March 2021 Forward Sale Agreements and June 2020 Forward Sale Agreement would have been in the amount of 10,291,832 shares.
| Three Months Ended March 31, |  |
(In thousands, except per share data) | 2021 |  | 2020 |  |  |  |
Basic: |  |  |  |  |  |  |
Net income (loss) attributable to common stockholders | $ | 269,801 |  |  | $ | (24,012) |  |  |  |  |
Weighted-average shares of common stock outstanding | 536,481 |  |  | 465,177 |  |  |  |  |
Basic EPS | $ | 0.50 |  |  | $ | (0.05) |  |  |  |  |
Diluted: |  |  |  |  |  |  |
Net income (loss) attributable to common stockholders | $ | 269,801 |  |  | $ | (24,012) |  |  |  |  |
Diluted weighted-average shares of common stock outstanding | 544,802 |  |  | 465,177 |  |  |  |  |
Diluted EPS | $ | 0.50 |  |  | $ | (0.05) |  |  |  |  |

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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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