v3.26.1
Earnings per Share (Tables)
 6 Months Ended
Jun. 30, 2026
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 shares, and its participating shares:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in thousands)
Net income$67,299 $46,194 $119,591 $86,836 
Less: net income attributable to non-controlling interests
2,000 1,634 3,804 3,365 
Net income attributable to the Company65,299 44,560 115,787 83,471 
Less: distributed and undistributed net income attributable to participating securities
1,372 530 2,438 985 
Distributed and undistributed net income attributable to common shares
$63,927 $44,030 $113,349 $82,486 
The following table sets forth the computation of EPS under the two-class method:
Three Months Ended June 30, 2026Three Months Ended June 30, 2025
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$63,927 125,102 $0.51 $44,030 126,647 $0.35 
Participating securities
1,372 2,685 $0.51 530 1,524 $0.35 
Total Company
$65,299 127,787 $0.51 $44,560 128,171 $0.35 
Six Months Ended June 30, 2026Six Months Ended June 30, 2025
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$113,349 125,439 $0.90 $82,486 126,647 $0.65 
Participating securities
2,438 2,698 $0.90 985 1,512 $0.65 
Total Company
$115,787 128,137 $0.90 $83,471 128,159 $0.65 
_________________________________________
(1)    Represents the weighted average shares outstanding during the period.