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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

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

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

(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.