Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2025 and 2024 ($ in thousands, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Earnings per common share - basic:
Numerator:
Net income	$	14,658	$	7,961	$	35,751	$	21,412
Net income attributable to noncontrolling interests in CPLP from continuing operations	(3)		(2)		(6)		(4)
Net income attributable to other noncontrolling interests	(172)		(119)		(365)		(280)
Net income available to common stockholders	$	14,483	$	7,840	$	35,380	$	21,128

Denominator:
Weighted average common shares - basic	167,930		152,095		167,870		152,020


Net income per common share - basic	$	0.09	$	0.05	$	0.21	$	0.14

Earnings per common share - diluted:
Numerator:
Net income	$	14,658	$	7,961	$	35,751	$	21,412
Net income attributable to other noncontrolling interests	(172)		(119)		(365)		(280)
Net income available for common stockholders before allocation of net income attributable to noncontrolling interests in CPLP	$	14,486	$	7,842	$	35,386	$	21,132

Denominator:
Weighted average common shares - basic	167,930		152,095		167,870		152,020
Add:
Potential dilutive common shares - ESPP	—		2		—		1
Potential dilutive common shares - restricted stock units, less shares assumed purchased at market price	810		492		784		454
Weighted average units of CPLP convertible into common shares	25		25		25		25
Weighted average common shares - diluted	168,765		152,614		168,679		152,500


Net income per common share - diluted	$	0.09	$	0.05	$	0.21	$	0.14

The treasury stock method resulted in no dilution from shares expected to be issued under forward contracts for the future sales of common stock under the Company's ATM Program during the respective periods presented.