Basic earnings per share attributable to common stockholders (“EPS”) is computed by dividing net income (loss) attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income (loss) attributable to common stockholders by the common shares plus common share equivalents. The Company’s common share equivalents are unvested restricted shares. The Company excludes antidilutive restricted shares from the calculation of weighted-average shares for diluted earnings per share. There were 23 and zero antidilutive restricted shares for the three months ended March 31, 2026 and 2025, respectively. For further information about the Company’s restricted shares, see “Note 11 – Equity-Based Compensation.”

The following table is a summary of the basic and diluted net income (loss) per share attributable to common stockholders computation for the three months ended March 31, 2026 and 2025:


	Three months ended March 31,
	2026			2025
Net (loss) income attributable to common stockholders	$	(5,638	)	$	2,453
Weighted average shares outstanding, basic		10,119,869			10,117,998
Dilutive effect of restricted stock		—			477
Weighted average shares outstanding, diluted		10,119,869			10,118,475
Net (loss) income attributable to common stockholders per share, basic and diluted	$	(0.56	)	$	0.24