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v3.20.2

Organization, Basis of Presentation and Significant Accounting Policies (Details 2) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2020 | Jun. 30, 2020 | Mar. 31, 2020 | Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Sep. 30, 2020 | Sep. 30, 2019
Basic and diluted shares outstanding |  |  |  |  |  |  |  |
Weighted average common shares - basic (in shares) | 140,271,574 |  |  | 139,340,142 |  |  | 140,366,438 | 138,931,955
Weighted average DownREIT units outstanding (in shares) | 7,500 |  |  | 7,500 |  |  | 7,500 | 7,500
Effect of dilutive securities (in shares) | 324,648 |  |  | 505,032 |  |  | 328,865 | 498,609
Weighted average common shares - diluted (in shares) | 140,603,722 |  |  | 139,852,674 |  |  | 140,702,803 | 139,438,064
Calculation of Earnings per Share - basic |  |  |  |  |  |  |  |
Net income attributable to common stockholders | $ 147,703 | $ 170,828 | $ 167,971 | $ 279,677 | $ 168,281 | $ 170,366 | $ 486,502 | $ 618,324
Net income allocated to unvested restricted shares | (342) |  |  | (704) |  |  | (1,158) | (1,655)
Net income attributable to common stockholders, adjusted | $ 147,361 |  |  | $ 278,973 |  |  | $ 485,344 | $ 616,669
Weighted average common shares - basic (in shares) | 140,271,574 |  |  | 139,340,142 |  |  | 140,366,438 | 138,931,955
Earnings per common share - basic (in dollars per share) | $ 1.05 |  |  | $ 2.00 |  |  | $ 3.46 | $ 4.44
Calculation of Earnings per Share - diluted |  |  |  |  |  |  |  |
Net income attributable to common stockholders | $ 147,703 | $ 170,828 | $ 167,971 | $ 279,677 | $ 168,281 | $ 170,366 | $ 486,502 | $ 618,324
Add: noncontrolling interests of DownREIT unitholders in consolidated partnerships | 12 |  |  | 11 |  |  | 36 | 34
Adjusted net income attributable to common stockholders | $ 147,715 |  |  | $ 279,688 |  |  | $ 486,538 | $ 618,358
Weighted average common shares - diluted (in shares) | 140,603,722 |  |  | 139,852,674 |  |  | 140,702,803 | 139,438,064
Earnings per common share - diluted (in dollars per share) | $ 1.05 |  |  | $ 2.00 |  |  | $ 3.46 | $ 4.43

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