Earnings per Unit (Tables)
3 Months Ended
Mar. 31, 2018
Schedule of Earnings per Share [Line Items]  
Schedule of earnings per unit, basic and diluted
The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three months ended March 31, 2018 and 2017 (dollars in thousands, except per share data):
 
Three Months Ended March 31,
 
2018
 
2017
Computation of Basic Earnings Per Share:
 
 
 
 Net income
$
61,022

 
$
71,655

 Net income attributable to non-controlling interests

 
(76
)
 Non-forfeitable dividends on unvested restricted shares
(56
)
 
(10
)
 Net income attributable to the Company’s common stockholders for basic earnings per share
$
60,966

 
$
71,569

 
 
 
 
 Weighted average number shares outstanding – basic
304,158

 
304,569

 
 
 
 
 Basic earnings per share attributable to the Company’s common stockholders:
 
 
 
 Net income
$
0.20

 
$
0.23

 

 

Computation of Diluted Earnings Per Share:
 
 
 
 Net income attributable to the Company’s common stockholders for diluted earnings per share
$
60,966

 
$
71,569

 
 
 
 
 Weighted average shares outstanding – basic
304,158

 
304,569

 Effect of dilutive securities:
 
 
 
    Equity awards
120

 
226

 Weighted average shares outstanding – diluted(1)
304,278

 
304,795

 
 
 
 
 Diluted earnings per share attributable to the Company’s common stockholders:
 
 
 
 Net income
$
0.20

 
$
0.23


(1) 
For the three months ended March 31, 2017, the weighted average number of vested OP Units outstanding was 0.3 million and was not dilutive.
Brixmor Operating Partnership LP  
Schedule of Earnings per Share [Line Items]  
Schedule of earnings per unit, basic and diluted
The following table provides a reconciliation of the numerator and denominator of the earnings per unit calculations for the three months ended March 31, 2018 and 2017 (dollars in thousands, except per unit data):
 
Three Months Ended March 31,
 
2018
 
2017
Computation of Basic Earnings Per Unit:
 
 
 
 Net income attributable to Brixmor Operating Partnership LP
$
61,022

 
$
71,655

 Non-forfeitable dividends on unvested restricted units
(56
)
 
(10
)
 Net income attributable to the Operating Partnership’s common units for basic earnings per unit
$
60,966

 
$
71,645

 
 
 
 
 Weighted average number common units outstanding – basic
304,158

 
304,888

 
 
 
 
 Basic earnings per unit attributable to the Operating Partnership’s common units:
 
 
 
 Net income
$
0.20

 
$
0.23

 
 
 
 
Computation of Diluted Earnings Per Unit:
 
 
 
 Net income attributable to the Operating Partnership’s common units for diluted earnings per unit
$
60,966

 
$
71,645

 
 
 
 
 Weighted average common units outstanding – basic
304,158

 
304,888

 Effect of dilutive securities:
 
 
 
    Equity awards
120

 
226

 Weighted average common units outstanding – diluted
304,278

 
305,114

 
 
 
 
 Diluted earnings per unit attributable to the Operating Partnership’s common units:
 
 
 
 Net income
$
0.20

 
$
0.23