EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2023

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


	For the Year Ended December 31,
	2023		2022		2021
Numerator:
Net (loss) income	$	(28,116)	$	1,217	$	(68,584)
Adjusted for:
Preferred dividends	(15,875)		(15,875)		(15,431)
Premium on redemption of preferred stock	—		—		(2,710)

Distributions and accretion of redeemable non-controlling interests	(2,626)		(2,520)		—
Loss attributable to non-controlling interest in Operating Partnership	3,803		2,570		115
Loss attributable to non-controlling interests in joint ventures	14,824		(2,321)		2,896
Loss from continuing operations attributable to common stockholders	$	(27,990)	$	(16,929)	$	(83,714)



Denominator:


Weighted average common shares outstanding - basic and diluted	105,548		105,142		104,471

Loss per share:


Basic and diluted	$	(0.27)	$	(0.16)	$	(0.80)