Earnings per Unit (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of Earnings per Share [Line Items]

Schedule of earnings per unit, basic and diluted

The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three and nine months ended September 30, 2020 and 2019 (dollars in thousands, except per share data):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Computation of Basic Earnings Per Share:
Net income	$	27,944	$	80,854	$	96,769	$	212,714
Non-forfeitable dividends on unvested restricted shares	(82)		(176)		(269)		(484)
Net income attributable to the Company’s common stockholders for basic earnings per share	$	27,862	$	80,678	$	96,500	$	212,230

Weighted average number shares outstanding – basic	296,562		298,031		296,982		298,257

Basic earnings per share attributable to the Company’s common stockholders:
Net income per share	$	0.09	$	0.27	$	0.32	$	0.71

Computation of Diluted Earnings Per Share:
Net income attributable to the Company’s common stockholders for diluted earnings per share	$	27,862	$	80,678	$	96,500	$	212,230

Weighted average shares outstanding – basic	296,562		298,031		296,982		298,257
Effect of dilutive securities:
Equity awards	300		848		335		670
Weighted average shares outstanding – diluted	296,862		298,879		297,317		298,927

Diluted earnings per share attributable to the Company’s common stockholders:
Net income per share	$	0.09	$	0.27	$	0.32	$	0.71

Brixmor Operating Partnership LP

Schedule of Earnings per Share [Line Items]

Schedule of earnings per unit, basic and diluted

The following table provides a reconciliation of the numerator and denominator of the earnings per unit calculations for the three and nine months ended September 30, 2020 and 2019 (dollars in thousands, except per unit data):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Computation of Basic Earnings Per Unit:
Net income	$	27,944	$	80,854	$	96,769	$	212,714
Non-forfeitable dividends on unvested restricted units	(82)		(176)		(269)		(484)
Net income attributable to the Operating Partnership’s common units for basic earnings per unit	$	27,862	$	80,678	$	96,500	$	212,230

Weighted average number common units outstanding – basic	296,562		298,031		296,982		298,257

Basic earnings per unit attributable to the Operating Partnership’s common units:
Net income per unit	$	0.09	$	0.27	$	0.32	$	0.71

Computation of Diluted Earnings Per Unit:
Net income attributable to the Operating Partnership’s common units for diluted earnings per unit	$	27,862	$	80,678	$	96,500	$	212,230

Weighted average common units outstanding – basic	296,562		298,031		296,982		298,257
Effect of dilutive securities:
Equity awards	300		848		335		670
Weighted average common units outstanding – diluted	296,862		298,879		297,317		298,927

Diluted earnings per unit attributable to the Operating Partnership’s common units:
Net income per unit	$	0.09	$	0.27	$	0.32	$	0.71