Beneficiaries Equity of the Parent Company (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share (EPS), Basic and Diluted

The following table details the number of shares and net income used to calculate basic and diluted earnings per share (in thousands, except share and per share amounts; results may not add due to rounding):


	Three Months Ended June 30,
	2021				2020
	Basic		Diluted		Basic		Diluted
Numerator
Net income (loss)	$	(175)	$	(175)	$	4,020	$	4,020
Net (income) loss attributable to noncontrolling interests	8		8		(24)		(24)
Nonforfeitable dividends allocated to unvested restricted shareholders	(94)		(94)		(93)		(93)


Net income (loss) attributable to common shareholders	$	(261)	$	(261)	$	3,903	$	3,903
Denominator
Weighted-average shares outstanding	170,848,894		170,848,894		170,518,095		170,518,095
Contingent securities/Share based compensation	—		—		—		251,983
Weighted-average shares outstanding	170,848,894		170,848,894		170,518,095		170,770,078
Earnings per Common Share:
Net income attributable to common shareholders	$	—	$	—	$	0.02	$	0.02


	Six Months Ended June 30,
	2021				2020
	Basic		Diluted		Basic		Diluted
Numerator
Net income	$	6,789	$	6,789	$	12,107	$	12,107
Net income attributable to noncontrolling interests	(35)		(35)		(89)		(89)
Nonforfeitable dividends allocated to unvested restricted shareholders	(240)		(240)		(224)		(224)


Net income attributable to common shareholders	$	6,514	$	6,514	$	11,794	$	11,794
Denominator
Weighted-average shares outstanding	170,737,437		170,737,437		173,294,031		173,294,031
Contingent securities/Share based compensation	—		1,258,682		—		311,917
Weighted-average shares outstanding	170,737,437		171,996,119		173,294,031		173,605,948
Earnings per Common Share:
Net income attributable to common shareholders	$	0.04	$	0.04	$	0.07	$	0.07