| Schedule of Basic and Diluted Earnings Per Common Share |
The
following table sets forth the computation of basic and diluted earnings per common share for the three and six months ended June 30,
2025 and 2024.
| | |
Three Months Ended June 30, | | |
Six Months Ended June 30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| Net income (loss) | |
$ | (4,719,000 | ) | |
$ | 4,047,000 | | |
$ | 3,942,000 | | |
$ | 7,734,000 | |
| Less net income (loss) attributable to noncontrolling interests | |
| — | | |
| 7,000 | | |
| (3,000 | ) | |
| 6,000 | |
| Net income available to common stockholders | |
$ | (4,719,000 | ) | |
$ | 4,040,000 | | |
$ | 3,945,000 | | |
$ | 7,728,000 | |
| | |
| | | |
| | | |
| | | |
| | |
| Weighted-average common shares outstanding - basic | |
| 40,399,958 | | |
| 39,890,606 | | |
| 40,296,571 | | |
| 39,830,002 | |
| Dilutive effect of unvested shares | |
| 422,481 | | |
| — | | |
| 239,021 | | |
| — | |
| Weighted-average common shares used to compute diluted loss per share | |
| 40,822,439 | | |
| 39,890,606 | | |
| 40,535,592 | | |
| 39,830,002 | |
| | |
| | | |
| | | |
| | | |
| | |
| Net income (loss) per share attributable to common stockholders: | |
| | | |
| | | |
| | | |
| | |
| Basic | |
$ | (0.12 | ) | |
$ | 0.10 | | |
$ | 0.10 | | |
$ | 0.19 | |
| Diluted | |
$ | (0.12 | ) | |
$ | 0.10 | | |
$ | 0.10 | | |
$ | 0.19 | |
|