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Per Common Share Amounts | 3 Months Ended
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Dec. 31, 2017
Earnings Per Share [Abstract] |
Per Common Share Amounts | Per Common Share Amounts Earnings per common share reflects net income attributable to RMR Inc. divided by our weighted average common shares outstanding. Basic and diluted weighted average common shares outstanding represents our outstanding Class A Common Shares and our Class B-1 Common Shares during the applicable periods. Our Class B-2 Common Shares, which are paired with ABP Trust’s Class A Units, have no independent economic interest in RMR Inc. and thus are not included as common shares outstanding for purposes of calculating our net income attributable to RMR Inc. per share. Unvested Class A Common Shares granted to our employees are deemed participating securities for purposes of calculating earnings per common share, as they have dividend rights. We calculate earnings per share using the two-class method. Under the two-class method, we allocate earnings proportionately to vested Class A Common Shares and Class B-1 Common Shares outstanding and unvested Class A Common Shares outstanding for the period. Earnings attributable to unvested Class A Common Shares are excluded from earnings per share under the two-class method as reflected in our condensed consolidated statements of comprehensive income. The calculation of basic and diluted earnings per share is as follows:
|  | Three Months Ended December 31,
|  | 2017 |  | 2016
Basic EPS |  |  |  |
Numerator: |  |  |  |
Net income attributable to RMR Inc. |  | $ | 71,120 |  |  | $ | 23,510 |
Income attributable to unvested participating securities |  | (457 | ) |  | (84 | )
Net income attributable to RMR Inc. used in calculating basic EPS |  | $ | 70,663 |  |  | $ | 23,426 |
Denominator: |  |  |  |
Weighted average common shares outstanding - basic |  | 16,060 |  |  | 16,025 |
Net income attributable to RMR Inc. per common share - basic |  | $ | 4.40 |  |  | $ | 1.46 |
Diluted EPS |  |  |  |
Numerator: |  |  |  |
Net income attributable to RMR Inc. |  | $ | 71,120 |  |  | $ | 23,510 |
Income attributable to unvested participating securities |  | (457 | ) |  | (84 | )
Net income attributable to RMR Inc. used in calculating diluted EPS |  | $ | 70,663 |  |  | $ | 23,426 |
Denominator: |  |  |  |
Weighted average common shares outstanding - basic |  | 16,060 |  |  | 16,025 |
Dilutive effect of incremental unvested shares |  | 24 |  |  | 3 |
Weighted average common shares outstanding - diluted |  | 16,084 |  |  | 16,028 |
Net income attributable to RMR Inc. per common share - diluted |  | $ | 4.39 |  |  | $ | 1.46 |
The 15,000,000 Class A Units that we do not own may be redeemed for our Class A Common Shares on a one for one basis, or upon such redemption, we may elect to pay cash instead of issuing Class A Common Shares. Upon redemption of a Class A Unit, our Class B-2 Common Shares “paired” with such unit is cancelled for no additional consideration. If all outstanding Class A Units that we do not own had been redeemed for our Class A Common Shares in the periods presented, our Class A Common Shares outstanding as of December 31, 2017, would have been 30,164,066. In computing the dilutive effect, if any, that the aforementioned redemption would have on earnings per share, we considered that net income available to holders of our Class A Common Shares would increase due to elimination of the noncontrolling interest (including any tax impact). For the periods presented, such redemption is not reflected in diluted earnings per share as the assumed redemption would be anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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