v3.26.1
Earnings Per Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table presents the computation of basic and diluted earnings per share (in thousands, except share and per share data):
 For the Three Months Ended June 30,For the Six Months Ended June 30,
2026202520262025
Numerator:
Net Income Attributable to Common Stockholders$5,896 $7,319 $11,670 $13,615 
Add: Net Income Attributable to Noncontrolling Interest101 126 199 234 
Net Income$5,997 $7,445 $11,869 $13,849 
Denominator:
Weighted Average Shares of Common Stock Outstanding - Basic20,642,90720,613,86620,644,45820,602,635
Dilutive Effect of LPI Units357,380357,442357,410360,549
Dilutive Effect of Unvested Performance Stock Units660—336—
Dilutive Effect of Unvested Restricted Stock Units12,1773,61513,9947,976
Weighted Average Shares of Common Stock - Diluted21,013,12420,974,92321,016,19820,971,160
Earnings Per Share - Basic
Net Income Attributable to Common Stockholders$0.29 $0.36 $0.57 $0.66 
Earnings Per Share - Diluted
Net Income Attributable to Common Stockholders$0.29 $0.35 $0.56 $0.66 
During the three and six months ended June 30, 2026, the Company included the dilutive effect of LPI Units, unvested RSUs, and certain performance‑based PSUs in the calculation of weighted‑average shares of common stock outstanding – diluted. The effects of 791,790 and 602,392 outstanding stock options and warrants, respectively, were excluded from diluted weighted‑average shares outstanding because their inclusion would have been anti‑dilutive. In addition, 93,857 outstanding PSUs subject to a market‑based vesting condition were excluded from diluted earnings per share because it was uncertain whether the market conditions for the PSUs would have been met as of June 30, 2026.
During the three and six months ended June 30, 2025, the Company included the effect of LPI Units and unvested RSUs in the calculation of weighted average shares of common stock outstanding - diluted. However, the effect of 791,790 and 602,392 outstanding stock options and warrants, respectively, were excluded in the Company's calculation of weighted average shares of common stock outstanding – diluted, as their inclusion would have been anti-dilutive. The effect of 113,490 outstanding PSUs were not included in the calculation of diluted earnings per share because it was uncertain whether the market condition for the PSUs would have been met as of June 30, 2025.