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EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
11. EARNINGS PER SHARE
 
The Company’s net income (loss) and weighted average shares outstanding for the three and six months ended June 30, 2026 and 2025 consist of the following:
Three Months Ended June 30,Six Months Ended June 30,
($ in thousands except share amounts)2026202520262025
Basic and Diluted Net income (loss) available for Class A common shareholders$14,588 $17,328 $17,194 $29,104 
Weighted average shares outstanding:    
Basic124,730,611 125,796,410 125,063,259 125,713,143 
Diluted125,249,856 126,204,424 125,632,048 126,242,515 
 
The calculation of basic and diluted net income (loss) per share amounts for the three and six months ended June 30, 2026 and 2025 consist of the following:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands except share and per share amounts) (1)2026202520262025
Basic Net Income (Loss) Per Share of Class A Common Stock    
Numerator:
    
Net income (loss) attributable to Class A common shareholders$14,588 $17,328 $17,194 $29,104 
Denominator:
    
Weighted average number of shares of Class A common stock outstanding124,730,611 125,796,410 125,063,259 125,713,143 
Basic net income (loss) per share of Class A common stock$0.12 $0.14 $0.14 $0.23 
Diluted Net Income (Loss) Per Share of Class A Common Stock  
Numerator:  
Net income (loss) attributable to Class A common shareholders$14,588 $17,328 $17,194 $29,104 
Diluted net income (loss) attributable to Class A common shareholders14,588 17,328 17,194 29,104 
Denominator:  
Basic weighted average number of shares of Class A common stock outstanding124,730,611 125,796,410 125,063,259 125,713,143 
Add - dilutive effect of:    
Incremental shares of unvested Class A restricted stock(1)519,245 408,014 568,789 529,372 
Diluted weighted average number of shares of Class A common stock outstanding (2)(3)125,249,856 126,204,424 125,632,048 126,242,515 
Diluted net income (loss) per share of Class A common stock$0.12 $0.14 $0.14 $0.23 
The Company applies the treasury stock method.
(2)There were 7,653 and 12,752 anti-dilutive shares for the three and six months ended June 30, 2026, respectively.
(3)There were 10,482 and 16,869 anti-dilutive shares for the three and six months ended June 30, 2025, respectively.