Comprehensive Income (Loss) per Common Share

3 Months Ended

Mar. 31, 2022

Comprehensive Income (Loss) per Common Share

Note 11 - Net Income (Loss) per Common Share

The following table presents a reconciliation of net income (loss) and the shares used in calculating weighted average basic and diluted earnings per common share for the three months ended March 31, 2022 and March 31, 2021.


	For the Three Months Ended March 31,
		2022		2021
Net Income (Loss)		$	(66,434)	$	71,327
Less: Preferred dividends		(2,995)		(2,486)
Net Income (Loss) available (related) to common stockholders		$	(69,429)	$	68,841

Weighted average common shares outstanding – basic		96,226		65,964
Add: Effect of dilutive non-vested awards, assumed vested		—		1,054
Weighted average common shares outstanding – diluted		96,226		67,018

For the three months ended March 31, 2022, 760 of potentially dilutive non-vested awards outstanding were excluded from the computation of diluted Net Income (Loss) available (related) to common stockholders because to have included them would have been anti-dilutive for the period.

Note 12 - Comprehensive Income (Loss) per Common Share

The following table presents a reconciliation of comprehensive net income (loss) and the shares used in calculating weighted average basic and diluted comprehensive income (loss) per common share for the three months ended March 31, 2022 and March 31, 2021.


	For the Three Months Ended March 31,
		2022		2021
Comprehensive Income (Loss)		$	(144,972)	$	29,093
Less: Preferred dividends		(2,995)		(2,486)
Comprehensive Income (Loss) available (related) to common stockholders		$	(147,967)	$	26,607
Net Comprehensive Income (Loss) per share available (related) to common stockholders:
Basic		$	(1.54)	$	0.40
Diluted		$	(1.54)	$	0.40
Weighted average common shares outstanding:
Basic		96,226		65,964
Add: Effect of dilutive non-vested awards, assumed vested		—		1,054
Diluted		96,226		67,018

For the three months ended March 31, 2022, 760 of potentially dilutive non-vested awards outstanding were excluded from the computation of diluted Net Comprehensive Income (Loss) available (related) to common stockholders because to have included them would have been anti-dilutive for the period.