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Earnings Per Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic net income/(loss) per common share is determined by dividing net income/(loss) attributable to common shareholders by the weighted average number of common shares outstanding during the period, excluding unvested restricted Class I shares. The restricted Class I shares are considered to be participating securities because they contain non-forfeitable rights to distributions. The restricted Class I shares participate equally with all classes of common shares, therefore net income/(loss) per common share has not been presented separately.
All classes of common shares are allocated net income (loss) at the same rate per share and receive the same gross distribution per share.
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Net income $67,220 $61,554 $236,876 $170,449 
Net income attributable to non-controlling interests(2,935)(3,206)(10,759)(9,733)
Net income attributable to ORENT shareholders $64,285 $58,348 $226,117 $160,716 
Net income attributable to dilutive OP Units2,910 3,206 10,734 9,733 
Net income attributable to ORENT shareholders - dilutive$67,195 $61,554 $236,851 $170,449 
Weighted average common shares outstanding - basic830,831,557 545,932,592 801,922,125 510,324,741 
Effect of dilutive unvested grants of restricted Class I shares47,652 39,255 47,652 39,255 
Effect of dilutive OP Units38,375,977 31,713,173 38,257,962 31,333,954 
Weighted average common shares outstanding - dilutive869,255,186 577,685,020 840,227,739 541,697,950 
Net income per common share - basic$0.08 $0.11 $0.28 $0.31 
Net income per common share - diluted$0.08 $0.11 $0.28 $0.31 
The computation of diluted net income per common share for the three and six months ended June 30, 2026 includes 47,652 dilutive restricted Class I shares, and 38,375,977 and 38,257,962 dilutive OP Units, respectively. The computation
of diluted net income per common share for the three and six months ended June 30, 2025 includes 39,255 dilutive restricted Class I shares and 31,713,173 and 31,333,954 dilutive OP Units, respectively.