| Earnings Per Share
EPS is calculated by dividing net income (loss) attributable to common stockholders by the weighted average number of shares outstanding for the period. The following tables present a reconciliation of net income used in the basic and diluted EPS calculations ($ in thousands, except for per share data): | | | | | | | | | | | | For the Years Ended December 31, | | | 2019 | | 2018 | Net income | | $ | 33,728 |
| | $ | 11,936 |
| Net (income) attributable to noncontrolling interests | | (6,035 | ) | | (196 | ) | Net income attributable to Safehold Inc. common shareholders for basic earnings per share | | $ | 27,693 |
| | $ | 11,740 |
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| | | | | | | | | | | | For the Years Ended December 31, | | | 2019 | | 2018 | Earnings allocable to common shares: | | | | | Numerator for basic and diluted earnings per share: | | | | | Net income attributable to Safehold Inc. common shareholders - basic and diluted | | $ | 27,693 |
| | $ | 11,740 |
| | | | | |
| | | | | | | | | | | | For the Years Ended December 31, | | | 2019 | | 2018 | Denominator for basic and diluted earnings per share:(1) | | | | | Weighted average common shares outstanding for basic and diluted earnings per common share | | 31,008 |
| | 18,218 |
| | | | | | Basic and diluted earnings per common share: | | | | | Net income attributable to Safehold Inc. common shareholders | | $ | 0.89 |
| | $ | 0.64 |
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_______________________________________________________________________________ (1) During the year ended December 31, 2019, 4,383,562 of Investor Units (refer to Note 11) were anti-dilutive.
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