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Earnings Per Share
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following is a reconciliation of the calculation of basic and diluted earnings per share (“EPS”):
 Three Months Ended March 31,
20252024
Numerator:
Net income attributable to common stockholders (in thousands)$9,403 $5,874 
Denominator:
Weighted-average number of common shares outstanding—basic208,509,552 211,669,343 
Effect of dilutive securities:
Unvested restricted common stock328,053 218,366 
Shares related to unvested PSUs1,508,465 454,758 
Weighted-average number of common shares outstanding—diluted210,346,070 212,342,467 
Earnings per share:
Earnings per share available to common stockholders—basic$0.05 $0.03 
Earnings per share available to common stockholders—diluted$0.04 $0.03 
The common OP units held by the noncontrolling interest holders have been excluded from the denominator of the basic and diluted EPS calculation as there would be no effect on the amounts since the common OP units' share of income or loss would also be added or subtracted to derive net income available to common stockholders.