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EARNINGS PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Weighted-Average Common Shares Outstanding Used in Calculation of Basic EPS to Diluted EPS
The following table presents the calculation of basic and diluted earnings per common share attributable to CareTrust REIT, Inc. (“EPS”) for the Company’s common stock for the three and nine months ended September 30, 2024 and 2023, and reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS (dollars and shares in thousands, except per share amounts):
 
 For the Three Months Ended September 30,For the Nine Months Ended September 30,
 2024202320242023
Numerator:
Net income attributable to CareTrust REIT, Inc.$33,441 $8,696 $72,945 $27,439 
Less: Net income allocated to participating securities(95)(89)(286)(267)
Numerator for basic and diluted earnings available to common stockholders$33,346 $8,607 $72,659 $27,172 
Denominator:
Weighted-average basic common shares outstanding159,459 104,011 145,780 100,748 
Dilutive potential common shares - TSR Units391 201 373 128 
Dilutive potential common shares - forward equity agreements— 99 — 42 
Weighted-average diluted common shares outstanding159,850 104,311 146,153 100,918 
Earnings per common share attributable to CareTrust REIT, Inc., basic$0.21 $0.08 $0.50 $0.27 
Earnings per common share attributable to CareTrust REIT, Inc., diluted$0.21 $0.08 $0.50 $0.27 
Antidilutive unvested RSAs, TSR Units and PSAs excluded from the computation(1)
327 317 327 317 
(1)For the three and nine months ended September 30, 2024, RSAs are antidilutive. For the three months ended September 30, 2023, RSAs were antidilutive. For the nine months ended September 30, 2023, RSAs and certain TSR Units were antidilutive.