Three Months Ended March 31,

2026

2025

Numerator

Net income from continuing operations

$

164,653

$

24,339

Net (loss) income from discontinued operations

(183,681

)

4,533

Preferred stock dividends

(132

)

(138

)

Net (loss) income applicable to common stockholders

$

(19,160

)

$

28,734

Denominator

Basic weighted average common shares

670,392

632,047

Dilutive units

4,762

2,661

Diluted weighted average common shares

675,154

634,708

Basic income (loss) per share:

Income from continuing operations

$

0.25

$

0.04

(Loss) income from discontinued operations

(0.28

)

0.01

Basic (loss) earnings per common share

$

(0.03

)

$

0.05

Diluted earnings per common share

Income from continuing operations

$

0.24

$

0.04

(Loss) from discontinued operations

(0.27

)

0.01

Diluted (loss) earnings per common share

$

(0.03

)

$

0.05