EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Schedule of Components Used to Calculate Basic and Diluted Earnings Per Share

Below is a summary of the components used to calculate basic and diluted earnings per share (in thousands, except per share amounts):

 

	2022		2021		2020
Numerator:
Net income (loss)	$	1,217	$	(68,584)	$	(149,245)
Adjusted for:
Preferred dividends	(15,875)		(15,431)		(14,838)
Premium on redemption of preferred stock	—		(2,710)		—
Allocation to participating securities	—		—		(81)
Distributions and accretion of redeemable non-controlling interests	(2,520)		—		—
Attributable to non-controlling interest in Operating Partnership	2,570		115		271
Attributable to non-controlling interests in joint ventures	(2,321)		2,896		5,635
Income from continuing operations attributable to common stockholders	$	(16,929)	$	(83,714)	$	(158,258)
Denominator:
Weighted average common shares outstanding - basic and diluted	105,142		104,471		104,141
Loss per share:
Basic and diluted	$	(0.16)	$	(0.80)	$	(1.52)