
	For the Three Months Ended March 31,
	2025		2024
Numerator:
Net Income Attributable to Common Stockholders	$	6,297	$	6,869

Add: Net Income Attributable to Noncontrolling Interest	107		125
Net Income	$	6,404	$	6,994

Denominator:
Weighted Average Shares of Common Stock Outstanding - Basic	20,597,584		20,541,840
Weighted Average Dilutive Effect of LPI Units	363,690		373,582

Dilutive Effect of Unvested Restricted Stock Units	12,336		26,832
Weighted Average Shares of Common Stock - Diluted	20,973,610		20,942,254

Earnings Per Share - Basic
Net Income Attributable to Common Stockholders	$	0.31	$	0.33
Earnings Per Share - Diluted
Net Income Attributable to Common Stockholders	$	0.31	$	0.33

During the three months ended March 31, 2025, the Company included the effect of LPI Units and unvested RSUs in the calculation of weighted average shares of common stock outstanding - diluted. However, the effect of 791,790 and 602,392 outstanding stock options and warrants, respectively, were excluded in the Company's calculation of weighted average shares of common stock outstanding – diluted, as their inclusion would have been anti-dilutive. The effect of 166,227 outstanding PSUs were not included in the calculation of diluted earnings per share because it was uncertain whether the market condition for the PSUs would have been met as of March 31, 2025.

During the three months ended March 31, 2024, the Company included the effect of LPI Units and unvested RSUs in the calculation of weighted average shares of common stock outstanding - diluted. However, the effect of 791,790 and 602,392 outstanding stock options and warrants, respectively, were excluded in the Company's calculation of weighted average shares of common stock outstanding – diluted, as their inclusion would have been anti-dilutive. The effect of 159,522 outstanding PSUs were not included in the calculation of diluted earnings per share because it was uncertain whether the market condition for the PSUs would have been met as of March 31, 2024.