v3.24.1.u1
Earnings per Share (Tables)
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted earnings per share
The following table sets forth the net income attributable to the Company, its common shares outstanding, and its participating securities outstanding.
Basic and Diluted EPS
Three Months Ended March 31,
20232024
(in thousands)
Net income$85,257 $117,167 
Less: net income attributable to non-controlling interests14,452 20,270 
Net income attributable to the Company70,805 96,897 
Less: Distributed and undistributed income attributable to participating securities2,573 3,398 
Distributed and undistributed income attributable to common shares$68,232 $93,499 
The following tables set forth the computation of EPS under the two-class method:
Three Months Ended March 31,
20232024
Net Income Allocation
Shares(1)
Basic and Diluted EPSNet Income Allocation
Shares(1)
Basic and Diluted EPS
(in thousands, except for per share amounts)
Common shares$68,232 122,553 $0.56 $93,499 123,859 $0.75 
Participating securities2,573 4,622 $0.56 3,398 4,501 $0.75 
Total Company$70,805 $96,897 
_______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
(1)    Represents the weighted average share count outstanding during the period.