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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Interest income from sales-type leases $ 69,664 $ 63,218
Operating lease income 21,382 21,003
Interest income - related party [1] 2,333 2,357
Other income [2] 4,298 6,635
Total revenues 97,677 93,213
Costs and expenses:    
Interest expense 50,426 48,631
Real estate expense 1,158 1,079
Depreciation and amortization 2,196 2,487
General and administrative 14,132 15,628
Provision for (recovery of) credit losses 2,296 709
Other expense 2,168 91
Total costs and expenses 72,376 68,625
Income (loss) from operations before other items 25,301 24,588
Earnings (losses) from equity method investments 4,992 6,912
Net income (loss) before income taxes 30,293 31,500
Income tax expense (883) (471)
Net income (loss) 29,410 31,029
Net (income) loss attributable to noncontrolling interests (46) (301)
Net income (loss) attributable to Safehold Inc. common shareholders $ 29,364 $ 30,728
Net income (loss)    
Basic (dollars per share) $ 0.41 $ 0.43
Diluted (dollars per shares) $ 0.41 $ 0.43
Weighted average number of common shares:    
Basic (in shares) 71,521 71,170
Diluted (in shares) 71,635 71,240
[1] Refer to Note 6.
[2] For the three months ended March 31, 2025 and 2024, includes $3.6 million and $5.5 million, respectively, of management fees from related parties.