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Earnings (Loss) Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
The following table presents a reconciliation of basic and diluted earnings (loss) per share for the years ended December 31, 2022, 2021 and 2020:
For the Years Ended December 31,
202220212020
Net income$120,659 $45,529 $14,877 
Income allocated to noncontrolling interest(3,410)(940)(109)
Net income allocable to common shares117,249 44,589 14,768 
Weighted-average shares outstanding—Basic221,965,460 108,552,185 93,660,086 
Dilutive securities1,154,477 1,279,336 1,028,354 
Weighted-average shares outstanding—Diluted223,119,937 109,831,520 94,688,440 
Earnings per share—Basic$0.53 $0.41 $0.16 
Earnings per share—Diluted$0.53 $0.41 $0.16 
Certain IROP units and shares deliverable under the forward sale agreements totaling 6,091,171, 8,005,013, and 1,574,517 for the years ended December 31, 2022, 2021 and 2020, respectively, were excluded from the earnings per share computation because their effect would have been anti-dilutive.