Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Earnings Per Share

The following table presents the computation of basic and diluted earnings per share (in thousands, except share data) :

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2022		2021		2022		2021
Numerator:
Net Income Attributable to Common Stockholders and Participating securities	$	6,510	$	2,697	$	15,285	$	6,893
Add: Preferred Stock Dividends	—		—		—		4
Add: Net Income Attributable to Noncontrolling Interest	113		82		262		236
Dilutive Net Income Attributable to Common Stockholders & Participating Securities	$	6,623	$	2,779	$	15,547	$	7,133
Denominator:
Weighted Average Shares of Common Stock & Participating Securities Outstanding - Basic	21,428,905		19,410,307		21,417,149		15,588,544
Dilutive Effect of OP Units	373,582		—		398,614		—
Dilutive Effect of Options and Warrants	—		145,560		—		48,520
Weighted Average Shares of Common Stock & Participating Securities Outstanding - Diluted	21,802,487		19,555,867		21,815,763		15,637,064
Earnings Per Share - Basic
Net Income Attributable to Common Stockholders & Participating Securities	$	0.30	$	0.14	$	0.71	$	0.44
Earnings Per Share - Diluted
Net Income Attributable to Common Stockholders & Participating Securities	$	0.30	$	0.14	$	0.71	$	0.44