XML 39 R29.htm IDEA: XBRL DOCUMENT
v3.23.3

Earnings Per Share (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share Reconciliation | The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for the three and nine months ended September 30, 2023 and 2022:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
BASIC |  |  |  |  |  |  |
Net income attributable to common shareholders | $ | 11,039 |  |  | $ | 21,776 |  |  | $ | 10,878 |  |  | $ | 70,441 |
Weighted-average number of common shares outstanding - basic | 290,291,609 |  |  | 277,535,717 |  |  | 290,187,124 |  |  | 281,559,058 |
Net income attributable to common shareholders - per common share basic | $ | 0.04 |  |  | $ | 0.08 |  |  | $ | 0.04 |  |  | $ | 0.25 |
DILUTED |  |  |  |  |  |  |
Net income attributable to common shareholders - basic | $ | 11,039 |  |  | $ | 21,776 |  |  | $ | 10,878 |  |  | $ | 70,441 |
Impact of assumed conversions | 15 |  |  | 11 |  |  | (63) |  |  | 147 |
Net income attributable to common shareholders | $ | 11,054 |  |  | $ | 21,787 |  |  | $ | 10,815 |  |  | $ | 70,588 |
Weighted-average common shares outstanding - basic | 290,291,609 |  |  | 277,535,717 |  |  | 290,187,124 |  |  | 281,559,058 |
Effect of dilutive securities: |  |  |  |  |  |  |
Shares issuable under forward sales agreements | — |  |  | — |  |  | — |  |  | 1,699,789 |
Unvested share-based payment awards | 136,054 |  |  | 139,371 |  |  | 133,032 |  |  | 491,877 |
Operating partnership units | 825,342 |  |  | 846,858 |  |  | 828,653 |  |  | 859,226 |
Weighted-average common shares outstanding - diluted | 291,253,005 |  |  | 278,521,946 |  |  | 291,148,809 |  |  | 284,609,950 |
Net income attributable to common shareholders - per common share diluted | $ | 0.04 |  |  | $ | 0.08 |  |  | $ | 0.04 |  |  | $ | 0.25 |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The following table summarizes the potentially dilutive shares excluded from the dilutive earnings per share calculation as the inclusion of such shares would be anti-dilutive:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Unvested share-based payment awards | — |  |  | — |  |  | — |  |  | 23,175 |
Preferred shares - Series C | 4,710,570 |  |  | 4,710,570 |  |  | 4,710,570 |  |  | 4,710,570 |

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 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 -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration