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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2026
Earnings Per Share [Abstract] |
Reconciliation of Net Income (Loss) and Number of Common Shares Used in Computations of "Basic" EPS and "Diluted" EPS | The following table provides a reconciliation of net income and the number of shares of common stock used in the computations of “basic” earnings per share (“EPS”), which utilizes the weighted-average number of shares of common stock outstanding without regard to potentially dilutive shares of common stock, and “diluted” EPS, which includes all such shares (in thousands, except per share amounts).
| Three Months Ended June 30, |  |  | Six Months Ended June 30, |
| 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Numerators – Basic and Diluted |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 6,925 |  |  | $ | 10,406 |  |  | $ | 10,493 |  |  | $ | 20,968 |
Income attributable to non-controlling interests |  | (15 | ) |  |  | (14 | ) |  |  | (20 | ) |  |  | (26 | )
Earnings attributable to unvested shares |  | (97 | ) |  |  | (133 | ) |  |  | (194 | ) |  |  | (267 | )
Net income attributable to common stockholders after allocation to participating securities | $ | 6,813 |  |  | $ | 10,259 |  |  | $ | 10,279 |  |  | $ | 20,675 |
Denominators – Number of Shares |  |  |  |  |  |  |  |  |  |  |
Basic – Average shares outstanding |  | 106,411 |  |  |  | 105,003 |  |  |  | 105,751 |  |  |  | 104,958 |
Assumed conversion of dilutive securities - PRSAs and PB LTIPs |  | 540 |  |  |  | 239 |  |  |  | 500 |  |  |  | 232 |
Assumed conversion of dilutive securities - Forward equity |  | 1,944 |  |  |  | — |  |  |  | 1,372 |  |  |  | — |
Diluted – Average shares outstanding |  | 108,895 |  |  |  | 105,242 |  |  |  | 107,623 |  |  |  | 105,190 |
Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 0.06 |  |  | $ | 0.10 |  |  | $ | 0.10 |  |  | $ | 0.20 |
Diluted | $ | 0.06 |  |  | $ | 0.10 |  |  | $ | 0.10 |  |  | $ | 0.20 |

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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 -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
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