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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share


						Three Months Ended												Nine Months Ended
						September 30,												September 30,
(in thousands, except per share data)						2020						2019						2020						2019
Numerator:
Net income						$	914					$	1,849					$	2,980					$	7,391
Less: Net income attributable to noncontrolling interests						(14)						(42)						(58)						(168)
Distributions paid on unvested restricted shares						—						—						—						(41)
Income from continuing operations attributable to Whitestone REIT excluding amounts attributable to unvested restricted shares						900						1,807						$	2,922					$	7,182
Income from discontinued operations						—						—						—						701
Less: Net income attributable to noncontrolling interests						—						—						—						(16)
Income from discontinued operations attributable to Whitestone REIT						—						—						—						685
Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares						$	900					$	1,807					$	2,922					$	7,867

Denominator:
Weighted average number of common shares - basic						42,346						40,187						42,202						39,942
Effect of dilutive securities:
Unvested restricted shares						1,094						1,259						838						1,142
Weighted average number of common shares - dilutive						43,440						41,446						43,040						41,084

Earnings Per Share:
Basic:
Income from continuing operations attributable to Whitestone REIT excluding amounts attributable to unvested restricted shares						$	0.02					$	0.04					$	0.07					$	0.18
Income from discontinued operations attributable to Whitestone REIT						0.00						0.00						0.00						0.02
Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares						$	0.02					$	0.04					$	0.07					$	0.20
Diluted:
Income from continuing operations attributable to Whitestone REIT excluding amounts attributable to unvested restricted shares						$	0.02					$	0.04					$	0.07					$	0.17
Income from discontinued operations attributable to Whitestone REIT						0.00						0.00						0.00						0.02
Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares						$	0.02					$	0.04					$	0.07					$	0.19