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Earnings Per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table presents a reconciliation of basic and diluted earnings (loss) per share for the three months ended March 31, 2022 and 2021:
For the Three Months Ended
March 31,
20222021
Net income$76,880 $1,093 
Income allocated to noncontrolling interest(2,280)(7)
Net income allocable to common shares$74,600 $1,086 
Weighted-average shares outstanding—Basic220,798,692 101,678,865 
Weighted-average shares outstanding—Diluted222,045,286 102,763,106 
Earnings per share—Basic$0.34 $0.01 
Earnings per share—Diluted$0.34 $0.01 
Certain IROP units, restricted stock awards, and forward sale agreements were excluded from the earnings (loss) per share computation because their effect would have been anti-dilutive, totaling 8,994,165 and 3,574,515 for the three months ended March 31, 2022 and 2021, respectively