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Earnings Per Share | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | Note 12—Earnings Per Share Earnings per share (“EPS”) is calculated by dividing net income attributable to common shareholders by the weighted average number of shares outstanding for the period. The following tables present a reconciliation of net income used in the basic and diluted EPS calculations ($ and shares in thousands, except for per share data): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | March 31,
​ |  | 2023 |  | 2022
Net income | ​ | $ | 4,716 | ​ | $ | 24,907
Net (income) attributable to noncontrolling interests | ​ |  | (34) | ​ |  | (34)
Net income attributable to Safehold Inc. common shareholders for basic and diluted earnings per common share | ​ | $ | 4,682 | ​ | $ | 24,873
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​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​
​ | ​ | March 31, | ​
​ |  | 2023 |  | 2022 |
Earnings attributable to common shares: |  | ​ |  |  | ​ |  |
Numerator for basic and diluted earnings per share: |  | ​ |  |  | ​ |  |
Net income attributable to Safehold Inc. common shareholders - basic | ​ | $ | 4,682 | ​ | $ | 24,873 | ​
Net income attributable to Safehold Inc. common shareholders - diluted | ​ | $ | 4,682 | ​ | $ | 24,873 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for basic and diluted earnings per share:(1) | ​ |  |  | ​ |  |  | ​
Weighted average common shares outstanding for basic earnings per common share | ​ |  | 63,672 | ​ |  | 59,284 | ​
Add: Effect of assumed shares under treasury stock method for restricted stock units | ​ |  | — | ​ |  | 1 | ​
Weighted average common shares outstanding for diluted earnings per common share | ​ |  | 63,672 | ​ |  | 59,285 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic and diluted earnings per common share:(1) | ​ |  |  | ​ |  |  | ​
Net income attributable to Safehold Inc. common shareholders - basic | ​ | $ | 0.07 | ​ | $ | 0.42 | ​
Net income attributable to Safehold Inc. common shareholders - diluted | ​ | $ | 0.07 | ​ | $ | 0.42 | ​
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(1) | For the three months ended March 31, 2023, the effect of 4,650 shares related to restricted stock awards were antidilutive. For the three months ended March 31, 2022, weighted average shares outstanding and earnings per share have been recast in accordance with ASC 805 to reflect the exchange ratio used in the reverse acquisition.
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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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