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Earnings Per Share | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Earnings Per Share | Note 13—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 | ​ | Six Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2024 |  | 2023 |  | 2024 |  | 2023
Net income (loss) | ​ | $ | 29,555 | ​ | $ | 22,111 | ​ | $ | 60,584 | ​ | $ | 26,827
Net (income) loss attributable to noncontrolling interests | ​ |  | 110 | ​ |  | 19 | ​ |  | (191) | ​ |  | (15)
Net income (loss) attributable to Safehold Inc. common shareholders for basic and diluted earnings per common share | ​ | $ | 29,665 | ​ | $ | 22,130 | ​ | $ | 60,393 | ​ | $ | 26,812
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​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2024 |  | 2023 |  | 2024 |  | 2023
Earnings attributable to common shares: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Numerator for basic and diluted earnings per share: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Net income (loss) attributable to Safehold Inc. common shareholders - basic | ​ | $ | 29,665 | ​ | $ | 22,130 | ​ | $ | 60,393 | ​ | $ | 26,812
Net income (loss) attributable to Safehold Inc. common shareholders - diluted | ​ | $ | 29,665 | ​ | $ | 22,130 | ​ | $ | 60,393 | ​ | $ | 26,812
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for basic and diluted earnings per share:(1) | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Weighted average common shares outstanding for basic earnings per common share | ​ |  | 71,435 | ​ |  | 63,944 | ​ |  | 71,303 | ​ |  | 63,809
Add: Effect of assumed shares under treasury stock method for restricted stock units | ​ |  | 27 | ​ |  | — | ​ |  | 48 | ​ |  | —
Weighted average common shares outstanding for diluted earnings per common share | ​ |  | 71,462 | ​ |  | 63,944 | ​ |  | 71,351 | ​ |  | 63,809
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic and diluted earnings per common share:(1) | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Net income (loss) attributable to Safehold Inc. common shareholders - basic | ​ | $ | 0.42 | ​ | $ | 0.35 | ​ | $ | 0.85 | ​ | $ | 0.42
Net income (loss) attributable to Safehold Inc. common shareholders - diluted | ​ | $ | 0.42 | ​ | $ | 0.35 | ​ | $ | 0.85 | ​ | $ | 0.42
​
(1) | For the three months ended June 30, 2024 and 2023, the effect of 9 thousand and 452 thousand, respectively, of the Company’s restricted stock awards were antidilutive. For the six months ended June 30, 2024 and 2023, the effect of 31 thousand and 456 thousand, respectively, of the Company’s restricted stock awards were antidilutive.

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