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Earnings Per Common Share | 3 Months Ended
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Mar. 31, 2022
Earnings Per Share [Abstract] |
Earnings Per Common Share | Earnings Per Common Share The following table sets forth the computation of basic and diluted earnings per share of common stock for the quarters ended March 31, 2022 and 2021:
|  | Quarters Ended March 31, |  |
(amounts in thousands, except per share data) |  | 2022 |  | 2021 |  |  |  |
Numerators: |  |  |  |  |  |  |  |
Net income available for Common Stockholders – Basic |  | $ | 82,906 |  |  | $ | 65,240 |  |  |  |  |
Amounts allocated to non controlling interest (dilutive securities) |  | 4,144 |  |  | 3,747 |  |  |  |  |
Net income available for Common Stockholders – Fully Diluted |  | $ | 87,050 |  |  | $ | 68,987 |  |  |  |  |
Denominators: |  |  |  |  |  |  |  |
Weighted average Common Shares outstanding – Basic |  | 185,690 |  |  | 181,945 |  |  |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Exchange of Common OP Units for Common Shares |  | 9,301 |  |  | 10,473 |  |  |  |  |
Stock options and restricted stock |  | 255 |  |  | 267 |  |  |  |  |
Weighted average Common Shares outstanding – Fully Diluted |  | 195,246 |  |  | 192,685 |  |  |  |  |
Earnings per Common Share – Basic |  | $ | 0.45 |  |  | $ | 0.36 |  |  |  |  |
Earnings per Common Share – Fully Diluted |  | $ | 0.45 |  |  | $ | 0.36 |  |  |  |  |

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