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Earnings Per Share ("EPS") (Tables) | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Summary of calculation of numerator and denominator in basic and diluted earnings per share | Summaries of the numerator and denominator for purposes of basic and diluted EPS calculations are set forth below (in thousands, except per share data):
| For the Three Months Ended March 31, |  |
| 2023 |  | 2022 |  |  |  |
Numerator: |  |  |  |  |  |  |
Income from continuing operations | $ | 80,398 |  |  | $ | 31,251 |  |  |  |  |
Income from continuing operations attributable to noncontrolling interests | (1,619) |  |  | (1,084) |  |  |  |  |
Income from continuing operations attributable to share-based compensation awards for basic EPS | (297) |  |  | (116) |  |  |  |  |
Numerator for basic EPS from continuing operations attributable to common shareholders | 78,482 |  |  | 30,051 |  |  |  |  |
Redeemable noncontrolling interests | (64) |  |  | (39) |  |  |  |  |
Adjustment to income from continuing operations attributable to share-based compensation awards for diluted EPS | 49 |  |  | 18 |  |  |  |  |
Numerator for diluted EPS from continuing operations attributable to common shareholders | 78,467 |  |  | 30,030 |  |  |  |  |
Discontinued operations | — |  |  | 29,573 |  |  |  |  |
Discontinued operations attributable to noncontrolling interests | — |  |  | (421) |  |  |  |  |
Income from discontinued operations attributable to share-based compensation awards for diluted EPS | — |  |  | (83) |  |  |  |  |
Numerator for diluted EPS on net income attributable to common shareholders | $ | 78,467 |  |  | $ | 59,099 |  |  |  |  |
Denominator (all weighted averages): |  |  |  |  |  |  |
Denominator for basic EPS (common shares) | 112,127 |  |  | 112,020 |  |  |  |  |
Dilutive effect of redeemable noncontrolling interests | 91 |  |  | 132 |  |  |  |  |
Dilutive effect of share-based compensation awards | 410 |  |  | 426 |  |  |  |  |
Denominator for diluted EPS (common shares) | 112,628 |  |  | 112,578 |  |  |  |  |
Basic EPS attributable to common shareholders: |  |  |  |  |  |  |
Income from continuing operations | $ | 0.70 |  |  | $ | 0.27 |  |  |  |  |
Discontinued operations | — |  |  | 0.26 |  |  |  |  |
Net income | $ | 0.70 |  |  | $ | 0.53 |  |  |  |  |
Diluted EPS attributable to common shareholders: |  |  |  |  |  |  |
Income from continuing operations | $ | 0.70 |  |  | $ | 0.27 |  |  |  |  |
Discontinued operations | — |  |  | 0.25 |  |  |  |  |
Net income | $ | 0.70 |  |  | $ | 0.52 |  |  |  |  |
Schedule of securities excluded from computation of diluted earnings per share | Our diluted EPS computations do not include the effects of the following securities since the conversions of such securities would increase diluted EPS for the respective periods (in thousands):
| Weighted Average Shares Excluded from Denominator
| For the Three Months Ended March 31, |  |
| 2023 |  | 2022 |  |  |  |
Conversion of common units | 1,489 |  |  | 1,384 |  |  |  |  |
Conversion of redeemable noncontrolling interests | 972 |  |  | 806 |  |  |  |  |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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