(in thousands, except per share data)

Three Months Ended June 30,

Six Months Ended June 30,

Numerator:

2023

2022

2023

2022

Net income (loss)

$

2,986

$

(2,898

)

$

1,326

$

(6,088

)

Less: Preferred equity return on Fortress preferred equity

(3,569

)

—

(6,996

)

—

Less: Preferred equity accretion to redemption value

(756

)

—

(1,171

)

—

Less: Preferred OP units return

(118

)

—

(230

)

—

Plus: Net loss attributable to noncontrolling interest

132

270

1,146

517

Net loss attributable to common stockholders

$

(1,325

)

$

(2,628

)

$

(5,925

)

$

(5,571

)

Denominator

Basic weighted-average common shares

35,661

32,044

35,518

32,005

Dilutive potential common shares

—

—

—

—

Diluted weighted-average common shares

35,661

32,044

35,518

32,005

Net loss per common share- basic and diluted

$

(0.04

)

$

(0.08

)

$

(0.17

)

$

(0.17

)