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Earnings Per Share (Tables) | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
Reconciliation of Net Income (Loss) 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).
| For the Year Ended December 31, |
| 2022 |  |  | 2021 |  |  | 2020 |
Numerators – Basic and Diluted |  |  |  |  |  |  |  |
Net income | $ | 168,792 |  |  | $ | 125,416 |  |  | $ | 36,590 |
Income attributable to non-controlling interests |  | (73 | ) |  |  | (481 | ) |  |  | (869 | )
Write-off of preferred share original issuance costs |  | — |  |  |  | (5,156 | ) |  |  | — |
Preferred dividends |  | (11,156 | ) |  |  | (13,656 | ) |  |  | (20,531 | )
Distributable earnings attributable to unvested shares and OP Units |  | (484 | ) |  |  | (572 | ) |  |  | (204 | )
Net income attributable to common shareholders after allocation to participating securities | $ | 157,079 |  |  | $ | 105,551 |  |  | $ | 14,986 |
Denominators – Number of Shares |  |  |  |  |  |  |  |
Basic – Average shares outstanding |  | 212,998 |  |  |  | 208,004 |  |  |  | 193,336 |
Assumed conversion of dilutive securities: |  |  |  |  |  |  |  |
PRSUs |  | 744 |  |  |  | 973 |  |  |  | 441 |
Forward equity |  | — |  |  |  | 25 |  |  |  | — |
OP units |  | 141 |  |  |  | 141 |  |  |  | — |
Diluted – Average shares outstanding |  | 213,883 |  |  |  | 209,143 |  |  |  | 193,777 |
Earnings Per Share: |  |  |  |  |  |  |  |
Basic | $ | 0.74 |  |  | $ | 0.51 |  |  | $ | 0.08 |
Diluted | $ | 0.73 |  |  | $ | 0.51 |  |  | $ | 0.08 |

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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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