EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Reconciliation of the numerators and denominators used to calculate basic EPS and diluted EPS

The reconciliation of the numerators and denominators used to calculate basic EPS and diluted EPS for the years ended December 31, 2021, 2020 and 2019 are as follows:

	December 31,
(In thousands, except share and per share data)	2021		2020		2019
Net Income (Loss)	$	6,361	$	(906,041)	$	(76,318)
Less: Cumulative Dividends on Preferred Stock	14,761		15,266		1,029
Net Loss Attributable to Common Stock	$	(8,400)	$	(921,307)	$	(77,347)
Weighted Average Common Shares Outstanding:
Weighted Average Common Shares Outstanding – Basic	62,989,543		42,744,639		38,708,460
Plus: Dilutive Effect of Stock Options, Restricted Stock and Preferred Shares	—		—		—
Weighted Average Common Shares Outstanding – Diluted	62,989,543		42,744,639		38,708,460
Net Loss per Common Share:
Basic	$	(0.13)	$	(21.55)	$	(2.00)
Diluted	$	(0.13)	$	(21.55)	$	(2.00)

Securities excluded from the calculation of diluted weighted average common shares outstanding

The following securities have been excluded from the calculation of diluted weighted average common shares outstanding as the inclusion of these securities would have an anti-dilutive effect:

	December 31,
	2021	2020	2019
Restricted Stock Awards	150,011	98,595	67,304
Series A Preferred Stock (if converted)	9,758,871	9,899,376	7,079,907
Warrants	468,325	—	—
Total	10,377,207	9,997,971	7,147,211