Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2024

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,
	2024		2023
Numerator:
Net income (loss) attributable to common shareholders	$	(38,981)	$	(33,916)
Less: Dividends paid on unvested share-based compensation	(9)		(11)
Less: Undistributed earnings attributable to share-based compensation	—		—
Net income (loss) available to common shareholders — basic and diluted	$	(38,990)	$	(33,927)
Denominator:
Weighted-average number of common shares — basic and diluted	120,085,226		125,488,415
Net income (loss) per share available to common shareholders — basic	$	(0.32)	$	(0.27)
Net income (loss) per share available to common shareholders — diluted	$	(0.32)	$	(0.27)