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Net Income Available to Common Stockholders Per Share of the Company
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Income Available to Common Stockholders Per Share of the Company Net Income Available to Common Stockholders Per Share of the Company
The following table reconciles the numerator and denominator in computing the Company’s basic and diluted per-share computations for net income available to common stockholders for the years ended December 31, 2021, 2020 and 2019:

Year Ended December 31,
202120202019
(in thousands, except unit and per unit amounts)
Numerator:
Net income attributable to common stockholders$628,144 $187,105 $195,443 
Allocation to participating securities (1)
(1,516)(2,229)(2,119)
Numerator for basic and diluted net income available to common stockholders$626,628 $184,876 $193,324 
Denominator: 
Basic weighted average vested shares outstanding116,429,130 113,241,341 103,200,568 
Effect of dilutive securities 519,513 478,281 648,600 
Diluted weighted average vested shares and common stock equivalents outstanding116,948,643 113,719,622 103,849,168 
Basic earnings per share: 
Net income available to common stockholders per share$5.38 $1.63 $1.87 
Diluted earnings per share: 
Net income available to common stockholders per share$5.36 $1.63 $1.86 
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(1)Participating securities include nonvested shares, certain time-based RSUs and vested market measure-based RSUs.

Share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are considered participating securities. The impact of potentially dilutive common shares, including stock options, RSUs, shares issuable under executed forward equity sale agreements, if any, and other securities are considered in our diluted earnings per share calculation for the years ended December 31, 2021, 2020, and 2019. Certain market measure-based RSUs are not included in dilutive securities as of December 31, 2021, 2020, and 2019 as not all performance metrics had been met by the end of the applicable reporting periods.
See Note 15 “Share-Based and Other Compensation” for additional information regarding the stock options and other share-based compensation.