Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Reconciliation of Basic and Diluted Earnings Per Common Share

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

	For the three months ended March 31,
	2022		2021
Numerator:
Net income (loss) attributable to common shareholders	$	(110,874)	$	(128,721)
Less: dividends paid on unvested share-based compensation	(10)		(12)
Net income (loss) available to common shareholders	$	(110,884)	$	(128,733)
Denominator:
Weighted-average number of common shares — basic	130,904,299		130,775,873
Effect of dilutive share-based compensation	—		—
Weighted-average number of common shares — diluted	130,904,299		130,775,873
Net income (loss) per share available to common shareholders — basic	$	(0.85)	$	(0.98)
Net income (loss) per share available to common shareholders — diluted	$	(0.85)	$	(0.98)