Three months ended June 30,

Six months ended June 30,

2026

2025

2026

2025

Numerator

Income from continuing operations

$

117,876

$

26,910

$

282,529

$

51,249

Income (loss) from discontinued operations

—

30,795

(183,681

)

35,328

Preferred stock dividends

(132

)

(138

)

(264

)

(276

)

Net income applicable to common stockholders

$

117,744

$

57,567

$

98,584

$

86,301

Denominator

Basic weighted average common shares

670,763

636,928

670,579

634,339

Dilutive units

5,123

2,811

5,286

2,652

Diluted weighted average common shares

675,886

639,739

675,865

636,991

Basic income per share:

Income from continuing operations

$

0.18

$

0.04

$

0.42

$

0.08

Income (loss) from discontinued operations

—

0.05

(0.27

)

0.06

Basic earnings per common share

$

0.18

$

0.09

$

0.15

$

0.14

Diluted income per common share

Income from continuing operations

$

0.17

$

0.04

$

0.42

$

0.08

Income (loss) from discontinued operations

—

0.05

(0.27

)

0.06

Diluted income per common share

$

0.17

$

0.09

$

0.15

$

0.14