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Earnings Per Share
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2024 and 2023:
For the Three Months Ended June 30,For the Six Months Ended June 30,
2024202320242023
Net income$10,555 $10,988 $28,515 $19,861 
Income allocated to noncontrolling interest(201)(279)(585)(503)
Net income allocable to common shares$10,354 $10,709 $27,930 $19,358 
Weighted-average shares outstanding—Basic224,793,229 224,422,515 224,710,259 224,325,246 
Weighted-average shares outstanding—Diluted225,418,825 225,073,890 225,403,082 225,088,261 
Earnings per share—Basic$0.05 $0.05 $0.12 $0.09 
Earnings per share—Diluted$0.05 $0.05 $0.12 $0.09 
Certain IROP units, RSUs and restricted stocks awards were excluded from the earnings per share computation because their effect would have been anti-dilutive, totaling 6,070,126 and 6,096,634 for the three and six months ended June 30, 2024. Certain IROP units were excluded from the earnings per share computation because their effect would have been anti-dilutive, totaling 5,946,571 and 5,946,571 for the three and six months ended June 30, 2023, respectively.