| Schedule of Earnings Per Share |
The following tables present a reconciliation of net income used in the basic and diluted EPS calculations ($ and shares in thousands, except for per share data): | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | Net income (loss) | | $ | 30,723 | | $ | 27,969 | | $ | 59,620 | | $ | 57,379 | Net (income) loss attributable to noncontrolling interests | | | (568) | | | (22) | | | (604) | | | (68) | Net income (loss) attributable to Safehold Inc. common shareholders for basic and diluted earnings per common share | | $ | 30,155 | | $ | 27,947 | | $ | 59,016 | | $ | 57,311 |
| | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | Earnings attributable to common shares: | | | | | | | | | | | | | Numerator for basic and diluted earnings per share: | | | | | | | | | | | | | Net income (loss) attributable to Safehold Inc. common shareholders - basic | | $ | 30,155 | | $ | 27,947 | | $ | 59,016 | | $ | 57,311 | Net income (loss) attributable to Safehold Inc. common shareholders - diluted | | $ | 30,155 | | $ | 27,947 | | $ | 59,016 | | $ | 57,311 | | | | | | | | | | | | | | Denominator for basic and diluted earnings per share: | | | | | | | | | | | | | Weighted average common shares outstanding for basic earnings per common share | | | 71,457 | | | 71,740 | | | 71,633 | | | 71,631 | Add: Effect of assumed shares under treasury stock method for restricted stock units | | | 124 | | | 61 | | | 144 | | | 87 | Weighted average common shares outstanding for diluted earnings per common share | | | 71,581 | | | 71,801 | | | 71,777 | | | 71,718 | | | | | | | | | | | | | | Basic and diluted earnings per common share: | | | | | | | | | | | | | Net income (loss) attributable to Safehold Inc. common shareholders - basic | | $ | 0.42 | | $ | 0.39 | | $ | 0.82 | | $ | 0.80 | Net income (loss) attributable to Safehold Inc. common shareholders - diluted | | $ | 0.42 | | $ | 0.39 | | $ | 0.82 | | $ | 0.80 |
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