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BENEFICIARIES' EQUITY OF THE PARENT COMPANY (Tables) | 9 Months Ended
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Sep. 30, 2022
Equity [Abstract] |
Schedule of 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 September 30,
| 2022 |  | 2021
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator |  |  |  |  |  |  |
Net income | $ | 13,478 |  |  | $ | 13,478 |  |  | $ | 974 |  |  | $ | 974 |
Net income attributable to noncontrolling interests | (37) |  |  | (37) |  |  | (7) |  |  | (7) |
Nonforfeitable dividends allocated to unvested restricted shareholders | (105) |  |  | (105) |  |  | (91) |  |  | (91) |
Net income attributable to common shareholders | $ | 13,336 |  |  | $ | 13,336 |  |  | $ | 876 |  |  | $ | 876 |
Denominator |  |  |  |  |  |  |
Weighted-average shares outstanding | 171,569,807 |  |  | 171,569,807 |  |  | 170,907,018 |  |  | 170,907,018 |
Contingent securities/Share based compensation | — |  |  | 582,449 |  |  | — |  |  | 1,330,176 |
Weighted-average shares outstanding | 171,569,807 |  |  | 172,152,256 |  |  | 170,907,018 |  |  | 172,237,194 |
Earnings per Common Share: |  |  |  |  |  |  |
Net income attributable to common shareholders | $ | 0.08 |  |  | $ | 0.08 |  |  | $ | 0.01 |  |  | $ | 0.01 |
| Nine Months Ended September 30,
| 2022 |  | 2021
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator |  |  |  |  |  |  |
Net income | $ | 24,230 |  |  | $ | 24,230 |  |  | $ | 7,763 |  |  | $ | 7,763 |
Net income attributable to noncontrolling interests | (59) |  |  | (59) |  |  | (42) |  |  | (42) |
Nonforfeitable dividends allocated to unvested restricted shareholders | (351) |  |  | (351) |  |  | (331) |  |  | (331) |
Net income attributable to common shareholders | $ | 23,820 |  |  | $ | 23,820 |  |  | $ | 7,390 |  |  | $ | 7,390 |
Denominator |  |  |  |  |  |  |
Weighted-average shares outstanding | 171,464,936 |  |  | 171,464,936 |  |  | 170,794,585 |  |  | 170,794,585 |
Contingent securities/Share based compensation | — |  |  | 970,217 |  |  | — |  |  | 1,283,365 |
Weighted-average shares outstanding | 171,464,936 |  |  | 172,435,153 |  |  | 170,794,585 |  |  | 172,077,950 |
Earnings per Common Share: |  |  |  |  |  |  |
Net income attributable to common shareholders | $ | 0.14 |  |  | $ | 0.14 |  |  | $ | 0.04 |  |  | $ | 0.04 |
The following table details the number of units and net income used to calculate basic and diluted earnings per common partnership unit (in thousands, except unit and per unit amounts; results may not add due to rounding):
| Three Months Ended September 30,
| 2022 |  | 2021
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator |  |  |  |  |  |  |
Net income | $ | 13,478 |  |  | $ | 13,478 |  |  | $ | 974 |  |  | $ | 974 |
Net loss attributable to noncontrolling interests | 1 |  |  | 1 |  |  | 2 |  |  | 2 |
Nonforfeitable dividends allocated to unvested restricted unitholders | (105) |  |  | (105) |  |  | (91) |  |  | (91) |
Net income attributable to common unitholders | $ | 13,374 |  |  | $ | 13,374 |  |  | $ | 885 |  |  | $ | 885 |
Denominator |  |  |  |  |  |  |
Weighted-average units outstanding | 172,086,274 |  |  | 172,086,274 |  |  | 171,731,001 |  |  | 171,731,001 |
Contingent securities/Share based compensation | — |  |  | 582,449 |  |  | — |  |  | 1,330,176 |
Total weighted-average units outstanding | 172,086,274 |  |  | 172,668,723 |  |  | 171,731,001 |  |  | 173,061,177 |
Earnings per Common Partnership Unit: |  |  |  |  |  |  |
Net income attributable to common unitholders | $ | 0.08 |  |  | $ | 0.08 |  |  | $ | 0.01 |  |  | $ | 0.01 |
| Nine Months Ended September 30,
| 2022 |  | 2021
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator |  |  |  |  |  |  |
Net income | $ | 24,230 |  |  | $ | 24,230 |  |  | $ | 7,763 |  |  | $ | 7,763 |
Net loss attributable to noncontrolling interests | 5 |  |  | 5 |  |  | 4 |  |  | 4 |
Nonforfeitable dividends allocated to unvested restricted unitholders | (351) |  |  | (351) |  |  | (331) |  |  | (331) |
Net income attributable to common unitholders | $ | 23,884 |  |  | $ | 23,884 |  |  | $ | 7,436 |  |  | $ | 7,436 |
Denominator |  |  |  |  |  |  |
Weighted-average units outstanding | 172,019,701 |  |  | 172,019,701 |  |  | 171,710,387 |  |  | 171,710,387 |
Contingent securities/Share based compensation | — |  |  | 970,217 |  |  | — |  |  | 1,283,365 |
Total weighted-average units outstanding | 172,019,701 |  |  | 172,989,918 |  |  | 171,710,387 |  |  | 172,993,752 |
Earnings per Common Partnership Unit: |  |  |  |  |  |  |
Net income attributable to common unitholders | $ | 0.14 |  |  | $ | 0.14 |  |  | $ | 0.04 |  |  | $ | 0.04 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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