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EARNINGS PER SHARE | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | 12. EARNINGS PER SHARE The Company’s net income (loss) and weighted average shares outstanding for the three months ended March 31, 2023 and 2022 consist of the following:
|  | Three Months Ended March 31, |  |  |  |
($ in thousands except share amounts) |  | 2023 |  | 2022 |  |  |  |  |  |  |  |  |  |
Basic and Diluted Net income (loss) available for Class A common shareholders |  | $ | 22,408 |  |  | $ | 19,032 |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | 124,493,132 |  |  | 124,305,943 |  |  |  |  |  |  |  |  |  |  |
Diluted |  | 124,656,102 |  |  | 125,478,001 |  |  |  |  |  |  |  |  |  |  |
The calculation of basic and diluted net income (loss) per share amounts for the three months ended March 31, 2023 and 2022 consist of the following:
|  |  | Three Months Ended March 31, |  |  |  |
(In thousands except share and per share amounts) (1) |  |  | 2023 |  | 2022 |  |  |  |  |  |  |  |  |  |
Basic Net Income (Loss) Per Share of Class A Common Stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to Class A common shareholders |  |  | $ | 22,408 |  |  | $ | 19,032 |  |  |  |  |  |  |  |  |  |  |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of shares of Class A common stock outstanding |  |  | 124,493,132 |  |  | 124,305,943 |  |  |  |  |  |  |  |  |  |  |
Basic net income (loss) per share of Class A common stock |  |  | $ | 0.18 |  |  | $ | 0.15 |  |  |  |  |  |  |  |  |  |  |
Diluted Net Income (Loss) Per Share of Class A Common Stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to Class A common shareholders |  |  | $ | 22,408 |  |  | $ | 19,032 |  |  |  |  |  |  |  |  |  |  |
Diluted net income (loss) attributable to Class A common shareholders |  |  | 22,408 |  |  | 19,032 |  |  |  |  |  |  |  |  |  |  |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic weighted average number of shares of Class A common stock outstanding |  |  | 124,493,132 |  |  | 124,305,943 |  |  |  |  |  |  |  |  |  |  |
Add - dilutive effect of: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Incremental shares of unvested Class A restricted stock(1) |  |  | 162,970 |  |  | 1,172,058 |  |  |  |  |  |  |  |  |  |  |
Diluted weighted average number of shares of Class A common stock outstanding (2) |  |  | 124,656,102 |  |  | 125,478,001 |  |  |  |  |  |  |  |  |  |  |
Diluted net income (loss) per share of Class A common stock |  |  | $ | 0.18 |  |  | $ | 0.15 |  |  |  |  |  |  |  |  |  |  |
(1)The Company is using the treasury stock method. (2)There were 390,313 anti-dilutive shares as of March 31, 2023.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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