For the Years Ended December 31,

2024

2023

2022

Basic (loss) earnings per common share

Numerator:

Net (loss) income

$

(64,630

)

(19,663

)

27,642

Net loss (income) attributable to noncontrolling interests

734

(1,135

)

378

Net (loss) income available to shareholders

$

(63,896

)

(20,798

)

28,020

Denominator:

Weighted average number of common shares outstanding

13,671

14,411

15,471

Basic (loss) earnings per share

$

(4.67

)

(1.44

)

1.81

Diluted (loss) earnings per share

Numerator:

Net (loss) income available to shareholders

(63,896

)

(20,798

)

28,020

Allocation of income to options on noncontrolling interests in real estate joint ventures

—

(103

)

—

Diluted net (loss) income available to shareholders

$

(63,896

)

$

(20,901

)

$

28,020

Denominator:

Basic weighted average number of common shares outstanding

13,671

14,411

15,471

Effect of dilutive restricted stock awards

—

37

Diluted weighted average number of common shares outstanding

13,671

14,411

15,508

Diluted (loss) earnings per share

$

(4.67

)

(1.44

)

1.81