Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 1257

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 1257
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 weighted average vesting period of 1.5 years. As of December 31, 2023, total unrecognized compensation expense on 

133

restricted share units was approximately $4.8 million, and the expense is expected to be recognized over a weighted average vesting period of 1.6 years. 

13. Earnings (Loss) Per Share

Basic earnings (loss) per share is computed by dividing net income (loss) attributable to common shareholders by the weighted average number of the Company’s common shares outstanding and excludes any unvested restricted share units issued pursuant to the 2023 LTIP.Diluted earnings (loss) per share is computed by adjusting basic earnings per share for the dilutive effect of the assumed vesting of restricted share units. During periods of net loss, the assumed vesting of restricted share units is anti-dilutive and is not included in the calculation of earnings (loss) per share.The following table sets forth the computation of basic and diluted earnings (loss) per share (in thousands, except per share amounts):Year Ended December 31,20242023Numerator for loss per share:Net income (loss) attributable to common shareholders$(51,349)$(121,860)Denominator for loss per share:Weighted average common shares outstanding40,22937,334Denominator for basic and diluted loss per share40,22937,334Weighted average unvested restricted share units1,269440Denominator for diluted loss per share(1)40,22937,334Loss per weighted average common share:Basic$(1.28)$(3.26)Diluted$(1.28)$(3.26)(1)     If the Company sustains a net loss for the period presented, unvested restricted share units are not included in the diluted earnings per share calculation.