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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table reconciles the numerator and denominator in computing the Company’s basic and diluted earnings per share for net income available to common stockholders:
For the Year Ended December 31,
202120202019
Numerator:
Basic net income available to common stockholders$6,064 $383 $42,725 
Effect of dilutive instruments— — 331 
Diluted net income available to common stockholders$6,064 $383 $43,056 
Denominator:
Basic weighted average common shares outstanding151,618,282 153,126,027 154,404,427 
Effect of dilutive instruments(1)
325,078 42,998 2,197,981 
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING151,943,360 153,169,025 156,602,408 
Basic earnings per common share$0.04 $0.00 $0.28 
Diluted earnings per common share$0.04 $0.00 $0.28 
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1.The Company includes unvested awards and convertible common and participating units as contingently issuable shares in the computation of diluted earnings per share once the market or performance criteria are met, assuming that the end of the reporting period is the end of the contingency period. Any anti-dilutive securities are excluded from the diluted earnings per share calculation.
The following table reconciles the numerator and denominator in computing the operating partnership’s basic and diluted earnings per unit for net income available to common unitholders:
For the Year Ended December 31,
202120202019
Numerator:
Basic and diluted net income available to common unitholders$6,125 $393 $42,954 
Denominator:
Basic weighted average common units outstanding153,007,287 154,040,775 155,094,997 
Effect of dilutive instruments(1)
325,078 42,998 1,017,605 
DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING153,332,365 154,083,773 156,112,602 
Basic earnings per common unit$0.04 $0.00 $0.28 
Diluted earnings per common unit$0.04 $0.00 $0.28 
_____________
1.The operating partnership includes unvested awards as contingently issuable units in the computation of diluted earnings per unit once the market or performance criteria are met, assuming that the end of the reporting period is the end of the contingency period. Any anti-dilutive securities are excluded from the diluted earnings per unit calculation.