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Earnings Per Common Share
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share
The following table summarizes the average number of common shares and the net income used in the calculation of basic and diluted earnings per common share ($ in thousands, except share and per share amounts):
Three Months Ended
March 31,
20252024
Net income$33,817 $30,657 
Add: net loss attributable to noncontrolling interests348 290 
Net income attributable to stockholders34,165 30,947 
Less: net income attributable to unvested restricted stock awards(52)(32)
Net income attributable to common stockholders - basic and diluted$34,113 $30,915 
BASIC:
Weighted average common shares outstanding45,720,496 43,388,841 
DILUTED:
Weighted average common shares outstanding45,720,496 43,388,841 
Stock options120,827 35,709 
   Forward equity sales agreements37,205 — 
Weighted average dilutive common shares outstanding45,878,528 43,424,550 
Earnings per common share - basic$0.75 $0.71 
Earnings per common share - diluted$0.74 $0.71 
Incremental anti-dilutive shares excluded:
Net share effect of stock options with an exercise price in excess of the average market price for our common shares104,699 492,675 
Regular dividends declared per common share$0.90 $0.90