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EARNINGS PER COMMON SHARE
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE EARNINGS PER COMMON SHARE
The following table presents the calculation of basic and diluted earnings per common share attributable to CareTrust REIT, Inc. (“EPS”) for the Company’s common stock for the three months ended March 31, 2024 and 2023, and reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS (amounts in thousands, except per share amounts):
 
 For the Three Months Ended March 31,
 20242023
Numerator:
Net income attributable to CareTrust REIT, Inc.$28,746 $19,227 
Less: Net income allocated to participating securities(96)(89)
Numerator for basic and diluted earnings available to common stockholders$28,650 $19,138 
Denominator:
Weighted-average basic common shares outstanding132,836 99,063 
Dilutive potential common shares - TSR Units366 24 
Weighted-average diluted common shares outstanding133,202 99,087 
Earnings per common share attributable to CareTrust REIT, Inc., basic$0.22 $0.19 
Earnings per common share attributable to CareTrust REIT, Inc., diluted$0.22 $0.19 
Antidilutive unvested RSAs, TSR Units and PSAs excluded from the computation(1)
330 318 
(1)For the three months ended March 31, 2024, RSAs are antidilutive. For the three months ended March 31, 2023, certain TSR Units and RSAs are antidilutive.