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Earnings per Share of Common Stock (Tables) | 6 Months Ended
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Jun. 30, 2022
Earnings per Share of Common Stock |
Schedule of computation of basic and diluted earnings per share | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended June 30, | Six Months Ended June 30, | ​
(in thousands, except for share and per share amounts) |  | 2022 |  | 2021 | 2022 |  | 2021 |
Basic Earnings | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 58,965 | ​ | $ | 30,904 | ​ | $ | 123,228 | ​ | $ | 59,851 | ​
Less: Income attributable to non-controlling interest | ​ | ​ | 2,874 | ​ | ​ | 444 | ​ | ​ | 3,649 | ​ | ​ | 1,103 | ​
Less: Income attributable to participating shares | ​ | ​ | 2,412 | ​ | ​ | 3,616 | ​ | ​ | 4,824 | ​ | ​ | 4,273 | ​
Basic earnings | ​ | $ | 53,679 | ​ | $ | 26,844 | ​ | $ | 114,755 | ​ | $ | 54,475 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted Earnings | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 58,965 | ​ | $ | 30,904 | ​ | $ | 123,228 | ​ | $ | 59,851 | ​
Less: Income attributable to non-controlling interest | ​ | ​ | 2,874 | ​ | ​ | 444 | ​ | ​ | 3,649 | ​ | ​ | 1,103 | ​
Less: Income attributable to participating shares | ​ | ​ | 2,412 | ​ | ​ | 3,616 | ​ | ​ | 4,824 | ​ | ​ | 4,273 | ​
Add: Expenses attributable to dilutive instruments | ​ | ​ | 2,319 | ​ | ​ | — | ​ | ​ | 4,638 | ​ | ​ | — | ​
Diluted earnings | ​ | $ | 55,998 | ​ | $ | 26,844 | ​ | $ | 119,393 | ​ | $ | 54,475 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Number of Shares | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic — Average shares outstanding | ​ | ​ | 114,359,026 | ​ | ​ | 71,221,806 | ​ | ​ | 101,106,777 | ​ | ​ | 64,059,509 | ​
Effect of dilutive securities — Unvested participating shares | ​ | ​ | 10,706,466 | ​ | ​ | 163,797 | ​ | ​ | 10,696,654 | ​ | ​ | 150,425 | ​
Diluted — Average shares outstanding | ​ | ​ | 125,065,492 | ​ | ​ | 71,385,603 | ​ | ​ | 111,803,431 | ​ | ​ | 64,209,934 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings Per Share Attributable to RC Common Stockholders: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ | $ | 0.47 | ​ | $ | 0.38 | ​ | $ | 1.13 | ​ | $ | 0.85 | ​
Diluted | ​ | $ | 0.45 | ​ | $ | 0.38 | ​ | $ | 1.07 | ​ | $ | 0.85 | ​

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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 http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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