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Earnings per Share of Common Stock (Tables) | 9 Months Ended
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Sep. 30, 2022
Earnings per Share of Common Stock |
Schedule of computation of basic and diluted earnings per share | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended September 30, | Nine Months Ended September 30, | ​
(in thousands, except for share and per share amounts) |  | 2022 |  | 2021 | 2022 |  | 2021 |
Basic Earnings | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 66,253 | ​ | $ | 46,535 | ​ | $ | 189,481 | ​ | $ | 106,386 | ​
Less: Income attributable to non-controlling interest | ​ | ​ | 3,023 | ​ | ​ | 756 | ​ | ​ | 6,672 | ​ | ​ | 1,859 | ​
Less: Income attributable to participating shares | ​ | ​ | 2,407 | ​ | ​ | 2,444 | ​ | ​ | 7,231 | ​ | ​ | 6,717 | ​
Basic earnings | ​ | $ | 60,823 | ​ | $ | 43,335 | ​ | $ | 175,578 | ​ | $ | 97,810 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted Earnings | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 66,253 | ​ | $ | 46,535 | ​ | $ | 189,481 | ​ | $ | 106,386 | ​
Less: Income attributable to non-controlling interest | ​ | ​ | 3,023 | ​ | ​ | 756 | ​ | ​ | 6,672 | ​ | ​ | 1,859 | ​
Less: Income attributable to participating shares | ​ | ​ | 2,407 | ​ | ​ | 2,444 | ​ | ​ | 7,231 | ​ | ​ | 6,717 | ​
Add: Expenses attributable to dilutive instruments | ​ | ​ | 2,319 | ​ | ​ | — | ​ | ​ | 6,957 | ​ | ​ | — | ​
Diluted earnings | ​ | $ | 63,142 | ​ | $ | 43,335 | ​ | $ | 182,535 | ​ | $ | 97,810 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Number of Shares | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic — Average shares outstanding | ​ | ​ | 114,371,160 | ​ | ​ | 71,618,168 | ​ | ​ | 105,576,826 | ​ | ​ | 66,606,749 | ​
Effect of dilutive securities — Unvested participating shares | ​ | ​ | 11,295,449 | ​ | ​ | 169,060 | ​ | ​ | 11,288,944 | ​ | ​ | 162,169 | ​
Diluted — Average shares outstanding | ​ | ​ | 125,666,609 | ​ | ​ | 71,787,228 | ​ | ​ | 116,865,770 | ​ | ​ | 66,768,918 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
EPS Attributable to RC Common Stockholders: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ | $ | 0.53 | ​ | $ | 0.61 | ​ | $ | 1.66 | ​ | $ | 1.47 | ​
Diluted | ​ | $ | 0.50 | ​ | $ | 0.60 | ​ | $ | 1.56 | ​ | $ | 1.46 | ​

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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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