Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE OF COMMON STOCK (Tables)

v3.25.0.1
EARNINGS PER SHARE OF COMMON STOCK (Tables)
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Common Share Basic and Diluted
The following table sets forth the computation of basic and diluted earnings per common share for the years ended December 31, 2024, 2023, and 2022, computed using the weighted-average number of common shares outstanding during the respective periods. Earnings figures are presented net of non-controlling interests in the earnings per share calculations. The non-controlling limited partners’ outstanding OP Units (which may be redeemed for shares of common stock) have been excluded from the diluted per-share calculation, as there would be no effect on the amounts since the non-controlling OP Unitholders’ share of earnings would also be added back to net income or loss.
(Dollars in thousands, except per-share amounts): For the Years Ended December 31,
2024 2023 2022
Net loss attributable to common stockholders $ (10,455) $ (9,852) $ (15,010)
Weighted average shares of common stock outstanding – basic and diluted 35,909,956  35,733,742  34,563,460 
Loss per common share – basic and diluted $ (0.29) $ (0.28) $ (0.43)