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Earnings Per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE 9: Earnings Per Share
The following table presents a reconciliation of basic and diluted earnings per share for the three months ended March 31, 2024 and 2023:
For the Three Months Ended March 31,
20242023
Net income$17,961 $8,872 
Income allocated to noncontrolling interest(384)(224)
Net income allocable to common shares$17,577 $8,648 
Weighted-average shares outstanding—Basic224,627,115 224,226,873 
Weighted-average shares outstanding—Diluted225,226,270 225,088,659 
Earnings per share—Basic$0.08 $0.04 
Earnings per share—Diluted$0.08 $0.04 
Certain IROP units, PSUs, RSUs and restricted stocks awards were excluded from the earnings per share computation because their effect would have been anti-dilutive, totaling 6,540,798 for the three months ended March 31, 2024. Certain IROP units were excluded from the earnings per share computation because their effect would have been anti-dilutive, totaling 5,946,571 for the three months ended March 31, 2023.