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Earnings Per Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 8: Earnings Per Share

The following table presents a reconciliation of basic and diluted earnings (loss) per share for the three months ended March 31, 2021 and 2020:

 

 

For the Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

Net income (loss)

 

$

1,093

 

 

$

(374

)

(Income) loss allocated to noncontrolling interest

 

 

(7

)

 

 

2

 

Net income (loss) allocable to common shares

 

 

1,086

 

 

 

(372

)

Weighted-average shares outstanding—Basic

 

 

101,678,865

 

 

 

90,895,488

 

Weighted-average shares outstanding—Diluted

 

 

102,763,106

 

 

 

90,895,488

 

Earnings per share—Basic

 

$

0.01

 

 

$             0.00

 

Earnings per share—Diluted

 

$

0.01

 

 

$             0.00

 

 

Certain IROP units, restricted stock awards, RSUs, PSUs, and forward sale agreements were excluded from the earnings (loss) per share computation because their effect would have been anti-dilutive, totaling 3,574,515 and 9,009,167 for the three months ended March 31, 2021 and 2020, respectively.