The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2026, and 2025 ($ in thousands, except per share amounts): | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | | 2026 | | 2025 | | | | | | Earnings per common share - basic: | | | | | | | | | Numerator: | | | | | | | | | Net income (loss) | $ | (24,670) | | | $ | 21,093 | | | | | | Net loss (income) attributable to noncontrolling interests in CPLP from continuing operations | 4 | | | (3) | | | | | | | Net income attributable to other noncontrolling interests | (190) | | | (193) | | | | | | | Net income available to common stockholders | $ | (24,856) | | | $ | 20,897 | | | | | | | | | | | | | | | Denominator: | | | | | | | | | Weighted average common shares - basic | 166,399 | | | 167,809 | | | | | | | | | | | | | | | | | | | | | | | Net income per common share - basic | $ | (0.15) | | | $ | 0.12 | | | | | | | | | | | | | | | Earnings per common share - diluted: | | | | | | | | | Numerator: | | | | | | | | | Net income (loss) | $ | (24,670) | | | $ | 21,093 | | | | | | Net loss attributable to noncontrolling interests in CPLP from continuing operations | 4 | | | — | | | | | | | Net income (loss) attributable to other noncontrolling interests | (190) | | | (193) | | | | | | | Net income (loss) available for common stockholders before allocation of net income attributable to noncontrolling interests in CPLP | $ | (24,856) | | | $ | 20,900 | | | | | | | | | | | | | | | Denominator: | | | | | | | | | Weighted average common shares - basic | 166,399 | | | 167,809 | | | | | | | Add: | | | | | | | | | | | | | | | | Potential dilutive common shares - restricted stock units, less shares assumed purchased at market price | — | | | 759 | | | | | | Weighted average units of CPLP convertible into common shares | — | | | 25 | | | | | | | Weighted average common shares - diluted | 166,399 | | | 168,593 | | | | | | | | | | | | | | | | | | | | | | | Net income per common share - diluted | $ | (0.15) | | | $ | 0.12 | | | | | | | | | | | | | | | | | | | | | |
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