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Earnings Per Share | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following is a reconciliation of the calculation of basic and diluted earnings per share ("EPS") (in thousands, except share and per share data):
| Three Months Ended March 31, |  |
| 2024 |  | 2023 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income attributable to common stockholders | $ | 5,874 |  |  | $ | 6,702 |  |  |  |  |
Denominator: |  |  |  |  |  |  |
Weighted-average number of common shares outstanding—basic | 211,669,343 |  |  | 211,411,519 |  |  |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |
Unvested restricted common stock | 218,366 |  |  | 197,410 |  |  |  |  |
Shares related to unvested PSUs | 454,758 |  |  | 205,793 |  |  |  |  |
Weighted-average number of common shares outstanding—diluted | 212,342,467 |  |  | 211,814,722 |  |  |  |  |
Earnings per share: |  |  |  |  |  |  |
Earnings per share available to common stockholders—basic | $ | 0.03 |  |  | $ | 0.03 |  |  |  |  |
Earnings per share available to common stockholders—diluted | $ | 0.03 |  |  | $ | 0.03 |  |  |  |  |
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 available to common stockholders.

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