XML 39 R18.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Earnings (Loss) Per Share | 12 Months Ended
--- | ---
Dec. 31, 2024
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, 2024, 2023 and 2022:
| For the Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Net income (loss) | $ | 40,033 |  |  | $ | (17,807) |  |  | $ | 120,659 |
(Income) loss allocated to noncontrolling interest | (742) |  |  | 580 |  |  | (3,410) |
Net income (loss) allocable to common shares | 39,291 |  |  | (17,227) |  |  | 117,249 |
Weighted-average shares outstanding—Basic | 224,798,958 |  |  | 224,414,443 |  |  | 221,965,460 |
Dilutive securities | 785,348 |  |  | — |  |  | 1,154,477 |
Weighted-average shares outstanding—Diluted | 225,584,306 |  |  | 224,414,443 |  |  | 223,119,937 |
Earnings (loss) per share—Basic | $ | 0.17 |  |  | $ | (0.08) |  |  | $ | 0.53 |
Earnings (loss) per share—Diluted | $ | 0.17 |  |  | $ | (0.08) |  |  | $ | 0.53 |
Certain IROP units and shares deliverable under the forward sale agreement totaling 14,192,127 for the year ended December 31, 2024, and certain IROP units, PSUs, RSUs, restricted stock awards and shares deliverable under the forward sale agreement totaling 6,669,403 and 6,091,171 for the years ended December 31, 2023 and 2022, respectively, were excluded from the earnings per share computation because their effect would have been anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration