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Earnings Per Share | 6 Months Ended
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Jun. 30, 2025
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”):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 | 6 | 2024
Numerator: |  |  |  |  |  |  |
Net income attributable to common stockholders (in thousands) | $ | 38,381 |  |  | $ | 22,076 |  |  | $ | 47,784 |  |  | $ | 27,950 |
Denominator: |  |  |  |  |  |  |
Weighted-average number of common shares outstanding—basic | 206,804,961 |  |  | 211,195,463 |  |  | 207,652,548 |  |  | 211,432,403 |
Effect of dilutive securities: |  |  |  |  |  |  |
Unvested restricted common stock | 32,059 |  |  | 120,182 |  |  | 195,762 |  |  | 123,222 |
Shares related to unvested PSUs | 1,079,288 |  |  | 700,800 |  |  | 1,313,049 |  |  | 721,190 |
Weighted-average number of common shares outstanding—diluted | 207,916,308 |  |  | 212,016,445 |  |  | 209,161,359 |  |  | 212,276,815 |
Earnings per share: |  |  |  |  |  |  |
Earnings per share available to common stockholders—basic | $ | 0.19 |  |  | $ | 0.10 |  |  | $ | 0.23 |  |  | $ | 0.13 |
Earnings per share available to common stockholders—diluted | $ | 0.18 |  |  | $ | 0.10 |  |  | $ | 0.23 |  |  | $ | 0.13 |
The common OP units held by the noncontrolling interest holders have been excluded from the denominator of the basic and 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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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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