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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Net income	$	22,111	$	22,711	$	26,827	$	47,618
Net (income) attributable to noncontrolling interests		19		(33)		(15)		(67)
Net income attributable to Safehold Inc. common shareholders for basic and diluted earnings per common share	$	22,130	$	22,678	$	26,812	$	47,551


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Earnings attributable to common shares:
Numerator for basic and diluted earnings per share:
Net income attributable to Safehold Inc. common shareholders - basic	$	22,130	$	22,678	$	26,812	$	47,551
Net income attributable to Safehold Inc. common shareholders - diluted	$	22,130	$	22,678	$	26,812	$	47,551

Denominator for basic and diluted earnings per share:⁽¹⁾
Weighted average common shares outstanding for basic earnings per common share		63,944		63,252		63,809		61,279
Weighted average common shares outstanding for diluted earnings per common share		63,944		63,252		63,809		61,279

Basic and diluted earnings per common share:⁽¹⁾
Net income attributable to Safehold Inc. common shareholders - basic	$	0.35	$	0.36	$	0.42	$	0.78
Net income attributable to Safehold Inc. common shareholders - diluted	$	0.35	$	0.36	$	0.42	$	0.78

(1)

For the three and six months ended June 30, 2023, the effect of 452 shares and 456 shares related to restricted stock awards, respectively, were antidilutive. For the three and six months ended June 30, 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.