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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2021
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 (loss) 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 |  |  | Six Months |
| Ended June 30, |  |  | Ended June 30, |
| 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Numerators – Basic and Diluted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 21,987 |  |  | $ | (4,403 | ) |  | $ | 38,168 |  |  | $ | 30,225 |
Income attributable to non-controlling interests |  | (118 | ) |  |  | (210 | ) |  |  | (291 | ) |  |  | (505 | )
Write-off of preferred share original issuance costs |  | (5,156 | ) |  |  | — |  |  |  | (5,156 | ) |  |  | — |
Preferred dividends |  | (2,945 | ) |  |  | (5,133 | ) |  |  | (8,078 | ) |  |  | (10,266 | )
Earnings attributable to unvested shares and OP units |  | (151 | ) |  |  | — |  |  |  | (299 | ) |  |  | (149 | )
Net income (loss) attributable to common shareholders after allocation to participating securities | $ | 13,617 |  |  | $ | (9,746 | ) |  | $ | 24,344 |  |  | $ | 19,305 |
Denominators – Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic—Average shares outstanding |  | 211,035 |  |  |  | 193,170 |  |  |  | 204,819 |  |  |  | 193,448 |
Assumed conversion of dilutive securities |  | 846 |  |  |  | — |  |  |  | 808 |  |  |  | — |
Diluted—Average shares outstanding |  | 211,881 |  |  |  | 193,170 |  |  |  | 205,627 |  |  |  | 193,448 |
Earnings (Loss) Per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 0.06 |  |  | $ | (0.05 | ) |  | $ | 0.12 |  |  | $ | 0.10 |
Diluted | $ | 0.06 |  |  | $ | (0.05 | ) |  | $ | 0.12 |  |  | $ | 0.10 |

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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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