v3.26.1
Earnings per Unit (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Reconciliations of Numerator and Denominator in Calculations of Basic and Diluted Earnings per Share and per Unit
Reconciliations of the numerator and denominator in the calculations of basic and diluted earnings per unit are as follows (in thousands, except per unit data):
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Earnings per unit
Numerator:
Basic net income (loss) attributable to the AIR Operating Partnership’s common unitholders$(42,079)$49,161 $(72,765)$86,365 
Effect of dilutive instruments— 1,153 — 2,307 
Dilutive net income (loss) attributable to the AIR Operating Partnership’s common unitholders
$(42,079)$50,314 $(72,765)$88,672 
Denominator – units:
Basic weighted-average common units outstanding151,015 151,100 151,016 152,222 
Dilutive common unit equivalents outstanding— 2,273 — 2,192 
Dilutive weighted-average common units outstanding151,015 153,373 151,016 154,414 
Earnings per unit – basic and diluted$(0.28)$0.33 $(0.48)$0.57