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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

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):

​

​	​	​	​	​	​	​	​	​	​
​	​	For the Years Ended December 31,
​	​	​	​	​	​	​	​	​	​
​		2024			2023			2022
Net income (loss)	​	$	106,615	​	$	(54,565)	​	$	144,684
Net (income) loss attributable to noncontrolling interests	​		(852)	​		(408)	​		(9,261)
Net income (loss) attributable to Safehold Inc. common shareholders for basic and diluted earnings per common share	​	$	105,763	​	$	(54,973)	​	$	135,423

​

​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​
​	For the Years Ended December 31,
​	2024			2023			2022
Earnings attributable to common shares:	​			​			​
Numerator for basic and diluted earnings per share:	​			​			​
Net income (loss) attributable to Safehold Inc. common shareholders - basic	$	105,763	​	$	(54,973)	​	$	135,423
Net income (loss) attributable to Safehold Inc. common shareholders - diluted	$	105,763	​	$	(54,973)	​	$	135,423
​	​	​	​	​	​	​	​	​
Denominator for basic and diluted earnings per share:(1)			​			​
Weighted average common shares outstanding for basic earnings per common share		71,370	​		66,690	​		62,393
Add: Effect of assumed shares under treasury stock method for restricted stock units		81	​		—	​		1
Weighted average common shares outstanding for diluted earnings per common share		71,451	​		66,690	​		62,394
​	​	​	​	​	​	​	​	​
Basic and diluted earnings per common share:(1)			​			​
Net income (loss) attributable to Safehold Inc. common shareholders - basic	$	1.48	​	$	(0.82)	​	$	2.17
Net income (loss) attributable to Safehold Inc. common shareholders - diluted	$	1.48	​	$	(0.82)	​	$	2.17

​

(1) For the year ended December 31, 2024, the effect of 7,803 of the Company’s restricted stock awards was antidilutive. For the year ended December 31, 2023, 31,557 of the Company’s restricted stock awards were antidilutive due to the Company having a net loss for the period. For the year ended December 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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- References

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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