11.Net Income Per Common Share and Common Unit Net income per common share and common unit was computed as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
2025 |
|
|
2024 |
|
|
2023 |
|
|
(in thousands except per share data) |
|
Net income |
$ |
17,366 |
|
|
$ |
12,701 |
|
|
$ |
4,359 |
|
Weighted average common share or unit outstanding - basic, respectively |
|
132,322 |
|
|
|
166,737 |
|
|
|
166,776 |
|
Effect of dilutive common shares or unit, respectively |
|
— |
|
|
|
— |
|
|
|
— |
|
Weighted average common share or unit outstanding - diluted, respectively |
|
132,322 |
|
|
|
166,737 |
|
|
|
166,776 |
|
Net income per common share or unit - basic, respectively |
$ |
0.13 |
|
|
$ |
0.08 |
|
|
$ |
0.03 |
|
Net income per common share or unit - diluted, respectively |
$ |
0.13 |
|
|
$ |
0.08 |
|
|
$ |
0.03 |
|
The Company had no potentially dilutive securities in any period presented.
|