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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2020
Earnings Per Share [Abstract] |
Reconciliation of Net Income and Number of Common Shares Used in Computations of "Basic" EPS and "Diluted" EPS | The following table provides a reconciliation of net income and the number of common shares used in the computations of “basic” earnings per share (“EPS”), which utilizes the weighted-average number of common shares outstanding without regard to dilutive potential common shares, and “diluted” EPS, which includes all such shares (in thousands, except per share amounts).
| Three Months |  |  | Nine Months |
| Ended September 30, |  |  | Ended September 30, |
| 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Numerators – Basic and Diluted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 7,403 |  |  | $ | 23,901 |  |  | $ | 37,628 |  |  | $ | 77,533 |
Income attributable to non-controlling interests |  | (116 | ) |  |  | (271 | ) |  |  | (621 | ) |  |  | (836 | )
Preferred dividends |  | (5,133 | ) |  |  | (8,382 | ) |  |  | (15,399 | ) |  |  | (25,148 | )
Earnings attributable to unvested shares and operating partnership units |  | — |  |  |  | (174 | ) |  |  | (149 | ) |  |  | (520 | )
Net income attributable to common shareholders after allocation to participating securities | $ | 2,154 |  |  | $ | 15,074 |  |  | $ | 21,459 |  |  | $ | 51,029 |
Denominators – Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic—Average shares outstanding |  | 193,203 |  |  |  | 180,567 |  |  |  | 193,366 |  |  |  | 180,555 |
Assumed conversion of diluted securities |  | 162 |  |  |  | 940 |  |  |  | — |  |  |  | 1,064 |
Diluted—Average shares outstanding |  | 193,365 |  |  |  | 181,507 |  |  |  | 193,366 |  |  |  | 181,619 |
Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 0.01 |  |  | $ | 0.08 |  |  | $ | 0.11 |  |  | $ | 0.28 |
Diluted | $ | 0.01 |  |  | $ | 0.08 |  |  | $ | 0.11 |  |  | $ | 0.28 |

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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=6371337&loc=d3e3550-109257 + Details
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