Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Reconciliation of Basic and Diluted Earnings Per Common Share

The following is a reconciliation of basic and diluted earnings per common share (in thousands, except share and per-share data):

	For the year ended December 31,
	2020		2019		2018
Numerator:
Net income (loss) attributable to common shareholders	$	(424,285)	$	82,886	$	(4,073)
Less: dividends paid on unvested share-based compensation	(8)		(294)		(332)
Net income (loss) available to common shareholders	$	(424,293)	$	82,592	$	(4,405)
Denominator:
Weighted-average number of common shares — basic	130,610,015		130,471,670		74,286,307
Effect of dilutive share-based compensation	—		246,636		—
Weighted-average number of common shares — diluted	130,610,015		130,718,306		74,286,307
Net income (loss) per share available to common shareholders — basic	$	(3.25)	$	0.63	$	(0.06)
Net income (loss) per share available to common shareholders — diluted	$	(3.25)	$	0.63	$	(0.06)