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Earnings (Loss) Per Share | 12 Months Ended
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Dec. 31, 2023
Earnings Per Share [Abstract] |
Earnings (Loss) Per Share | Earnings (Loss) Per Share The following is a reconciliation of the calculation of basic and diluted EPS (in thousands, except share and per-share data):
| Years Ended December 31,
| 2023 |  | 2022 |  | 2021
Numerator: |  |  |  |  |
Net income (loss) attributable to common stockholders | $ | 76,523 |  |  | $ | 99,511 |  |  | $ | (204,401) |
Denominator: |  |  |  |  |
Weighted-average number of common shares outstanding—basic | 211,518,826 |  |  | 212,423,873 |  |  | 212,056,923 |
Effect of dilutive securities: |  |  |  |  |
Unvested restricted common stock | 340,981 |  |  | 323,435 |  |  | — |
Shares related to unvested PSUs | 444,310 |  |  | 441,679 |  |  | — |
Weighted-average number of common shares outstanding—diluted | 212,304,117 |  |  | 213,188,987 |  |  | 212,056,923 |
Earnings (loss) per share: |  |  |  |  |
Earnings (loss) per share available to common stockholders—basic | $ | 0.36 |  |  | $ | 0.47 |  |  | $ | (0.96) |
Earnings (loss) per share available to common stockholders—diluted | $ | 0.36 |  |  | $ | 0.47 |  |  | $ | (0.96) |
For the year ended December 31, 2021, 379,767 of unvested restricted common shares and 299,810 of unvested PSU's were excluded from diluted weighted-average common shares outstanding, as their effect would be anti-dilutive. There were no unvested restricted common shares or PSUs excluded from the diluted weighted-average common shares outstanding for the year ended December 31, 2023 and 2022. The common OP units held by the noncontrolling interest holders have been excluded from the denominator of the diluted EPS calculation as there would be no effect on the amounts since the common OP units' share of income or loss would also be added or subtracted to derive net income (loss) available to common stockholders.

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