For the Three

Months Ended March 31,

2022

2021

Numerator:

Net Income

$

5,134

$

1,538

Less: Preferred Stock Dividends

-

(4

)

Less: Net Income Attributable to OP Interest

(88

)

(56

)

Less: Net Income Attributable to Restricted Stock Units

(29

)

(21

)

Net Income Attributable to Common Stockholders

$

5,017

$

1,457

Denominator:

Weighted Average Shares of Common Stock Outstanding - Basic

21,251,909

9,921,083

Dilutive Effect of OP Units

438,375

-

Dilutive Effect of Vested Restricted Stock Units

130,160

101,218

Dilutive Effect of Options and Warrants

65,099

-

Dilutive Effect of Unvested Restricted Stock Units

45,809

-

Weighted Average Shares of Common Stock Outstanding - Diluted

21,931,352

10,022,301

Earnings Per Share - Basic

Net Income Attributable to Common Stockholders

$

0.24

$

0.15

Earnings Per Share - Diluted

Net Income Attributable to Common Stockholders

$

0.23

$

0.15