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Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2020 | Dec. 31, 2019 | Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019
Net income | $ 63,722 | $ 12,631 | $ 27,280 | $ 20,534 | $ 20,427
Less income allocated to non-controlling interests | (89) |  |  |  | (81)
Less income allocated to participating securities: |  |  |  |  |
Non-forfeitable dividends on participating securities | (94) |  |  |  | (92)
Income allocated to participating securities | (169) |  |  |  |
Total net income allocated to participating securities | (263) |  |  |  | (92)
Net income available to common stockholders | 63,370 |  |  |  | 20,254
Effect of dilutive securities: |  |  |  |  |
Participating securities |  |  |  |  | 92
Net income for diluted net income per share | $ 63,370 |  |  |  | $ 20,346
Reconciliation of shares |  |  |  |  |
Shares for basic net income per share | 39,539,000 |  |  |  | 39,532,000
Effect of dilutive securities: (Shares) |  |  |  |  |
Total effect of dilutive securities (in shares) | 2,000 |  |  |  | 342,000
Shares for diluted net income per share | 39,541,000 |  |  |  | 39,874,000
Basic (in dollars per share) | $ 1.60 |  |  |  | $ 0.51
Diluted (in dollars per share) | $ 1.60 |  |  |  | $ 0.51
Stock options |  |  |  |  |
Effect of dilutive securities: (Shares) |  |  |  |  |
Stock options and performance-based stock units (in shares) | 2,000 |  |  |  | 4,000
Performance-based stock units |  |  |  |  |
Effect of dilutive securities: (Shares) |  |  |  |  |
Stock options and performance-based stock units (in shares) |  |  |  |  | 181,000
Number of shares granted | 0 |  |  |  |
Participating Securities |  |  |  |  |
Effect of dilutive securities: (Shares) |  |  |  |  |
Participating securities |  |  |  |  | 157,000

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