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v3.19.3

Organization, Basis of Presentation and Significant Accounting Policies (Details 2) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Sep. 30, 2019 | Sep. 30, 2018
Basic and diluted shares outstanding |  |  |  |  |  |  |  |
Weighted average common shares - basic (in shares) | 139,340,142 |  |  | 137,848,788 |  |  | 138,931,955 | 137,818,076
Weighted average DownREIT units outstanding (in shares) | 7,500 |  |  | 7,500 |  |  | 7,500 | 7,500
Effect of dilutive securities (in shares) | 505,032 |  |  | 466,776 |  |  | 498,609 | 405,148
Weighted average common shares - diluted (in shares) | 139,852,674 |  |  | 138,323,064 |  |  | 139,438,064 | 138,230,724
Calculation of Earnings per Share - basic |  |  |  |  |  |  |  |
Net income attributable to common stockholders | $ 279,677 | $ 168,281 | $ 170,366 | $ 192,486 | $ 254,662 | $ 141,643 | $ 618,324 | $ 588,791
Net income allocated to unvested restricted shares | (704) |  |  | (555) |  |  | (1,655) | (1,722)
Net income attributable to common stockholders, adjusted | $ 278,973 |  |  | $ 191,931 |  |  | $ 616,669 | $ 587,069
Weighted average common shares - basic (in shares) | 139,340,142 |  |  | 137,848,788 |  |  | 138,931,955 | 137,818,076
Earnings per common share - basic (in dollars per share) | $ 2.00 |  |  | $ 1.39 |  |  | $ 4.44 | $ 4.26
Calculation of Earnings per Share - diluted |  |  |  |  |  |  |  |
Net income attributable to common stockholders | $ 279,677 | $ 168,281 | $ 170,366 | $ 192,486 | $ 254,662 | $ 141,643 | $ 618,324 | $ 588,791
Add: noncontrolling interests of DownREIT unitholders in consolidated partnerships | 11 |  |  | 11 |  |  | 34 | 33
Adjusted net income attributable to common stockholders | $ 279,688 |  |  | $ 192,497 |  |  | $ 618,358 | $ 588,824
Weighted average common shares - diluted (in shares) | 139,852,674 |  |  | 138,323,064 |  |  | 139,438,064 | 138,230,724
Earnings per common share - diluted (in dollars per share) | $ 2.00 |  |  | $ 1.39 |  |  | $ 4.43 | $ 4.26

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