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Earnings Per Share
6 Months Ended
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,
20252024202562024
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—basic206,804,961 211,195,463 207,652,548 211,432,403 
Effect of dilutive securities:
Unvested restricted common stock32,059 120,182 195,762 123,222 
Shares related to unvested PSUs1,079,288 700,800 1,313,049 721,190 
Weighted-average number of common shares outstanding—diluted207,916,308 212,016,445 209,161,359 212,276,815 
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.