Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Schedule of Earnings Per Share, Basic and Diluted

The following is a summary of the basic and diluted net income per share computation for the periods presented:



	Three Months Ended March 31,
(In thousands, except share and per share data)	2019			2018
Net income attributable to common stockholders	$	5,791		$	2,361
Adjustments to net income attributable to common stockholders for common share equivalents	(160		)	(184		)
Adjusted net income attributable to common stockholders	$	5,631		$	2,177

Basic and diluted net income per share attributable to common stockholders	$	0.07		$	0.03
Weighted average shares outstanding:
Basic	81,474,615			67,287,231
Diluted	82,798,432			67,287,231

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table shows common share equivalents on a weighted average basis that were excluded from the calculation of diluted earnings per share for the three months ended March 31, 2019 and 2018:



	Three Months Ended March 31,
	2019	2018
Unvested RSUs	46,352	49,112
LTIP Units ⁽¹⁾	1,277,465	3,013,933
Total anti-dilutive common share equivalents	1,323,817	3,063,045

⁽¹⁾Weighted-average number of LTIP Units outstanding. There were 2,554,930 LTIP Units issued and outstanding under the 2018 OPP as of March 31, 2019. The 3,013,933 LTIP Units as of March 31, 2018 were issued under the 2015 OPP and were forfeited as of June 2, 2018 since no LTIP Units were earned under the 2015 OPP. See Note 12 — Equity-Based Compensation for additional information on the 2018 OPP and 2015 OPP.