v3.24.2
Earnings Per Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
During the three and six months ended June 30, 2024 and 2023, there were 125,389, 144,032, 124,492 and 141,699 of unvested restricted shares of common stock (on a weighted average basis), respectively, that were considered participating securities for the purposes of computing earnings per share.
The following table reconciles the numerators and denominators in the computation of basic and diluted earnings per share of common stock for the three and six months ended June 30, 2024 and 2023.

Three months ended June 30,Six months ended June 30,
Earnings Per Share (in thousands, except per share data)2024202320242023
Numerator 
Net income attributable to common stockholders$59,737 $51,553 $96,317 $100,966 
Denominator 
Weighted average common shares outstanding — basic181,961 179,413 181,834 179,305 
Effect of dilutive securities(1)
Share-based compensation224 318 253 210 
Shares issuable under forward sales agreements— 7 1 3 
Weighted average common shares outstanding — diluted182,185 179,738 182,088 179,518 
Net income per share — basic and diluted
Net income per share attributable to common stockholders — basic$0.33 $0.29 $0.53 $0.56 
Net income per share attributable to common stockholders — diluted$0.33 $0.29 $0.53 $0.56 
(1)During the three and six months ended June 30, 2024 and 2023, there were approximately 125, 144, 124 and 142 unvested restricted shares of common stock (on a weighted average basis), respectively, that were not included in the computation of diluted earnings per share because the allocation of income under the two-class method was more dilutive.