v3.26.1
COMMON STOCK AND EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
COMMON STOCK AND EARNINGS PER SHARE

NOTE 12. COMMON STOCK AND EARNINGS PER SHARE

Basic earnings per common share is computed by dividing net income (loss) attributable to common stockholders during the period by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per common share is based on the assumption of the vesting of restricted stock at the beginning of each period using the treasury stock method at average cost for the periods.

The following is a reconciliation of basic and diluted earnings per common share for each of the periods presented (in thousands, except share and per share data):

Three Months Ended
March 31,

  ​ ​ ​

2026

  ​ ​ ​

2025

Basic and Diluted Earnings:

Net Income Attributable to Common Stockholders

$

4,327

$

383

Basic and Diluted Shares:

Weighted Average Shares Outstanding, Basic

32,519,156

31,552,973

Common Shares Applicable to Unvested Restricted Stock Using the Treasury Stock Method

3,782

42,458

Weighted Average Shares Outstanding, Diluted

32,522,938

31,595,431

Per Share Information:

Net Income Attributable to Common Stockholders

Basic and Diluted

$

0.13

$

0.01

There were 3,782 and 42,458 potentially dilutive shares related to the Company’s restricted stock for the three months ended March 31, 2026 and 2025, respectively.