Earnings Per Share

6 Months Ended

Jun. 30, 2022

Earnings Per Share (“EPS”) is computed by dividing net income (loss) available to common shares by the weighted-average number of common shares outstanding during the period. Shares issued during the period are weighted for the portion of the period that they were outstanding.

The following table details our basic and diluted earnings per common share calculation:


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Net income (loss)	$	20,030	$	(33,661)	$	34,597	$	(10,446)
Net (income) loss attributable to noncontrolling interests	(3,718)		6,333		(6,971)		1,186
Net income (loss) attributable to common shares	$	16,312	$	(27,328)	$	27,626	$	(9,260)

Weighted-average common shares outstanding — basic and diluted	16,152,043		16,152,043		16,152,043		16,152,043

EPS - attributable to common shares — basic and diluted	$	1.01	$	(1.69)	$	1.71	$	(0.57)