EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2024

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):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Numerator:
Net (loss) income attributable to common stockholders	$	(4,272)	$	(5,438)	$	24,461	$	(11,419)
Adjusted for:
Allocation of income to participating securities	—		—		(231)		—
Net (loss) income allocated to common stockholders - basic	(4,272)		(5,438)		24,230		(11,419)
Adjusted for:
Interest rate effect on assumed conversion of convertible debt	—		—		3,244		—
Adjustment for income allocated to dilutive participating securities	—		—		3,864		—
Net (loss) income allocated to common stockholders - diluted	$	(4,272)	$	(5,438)	$	31,338	$	(11,419)
Denominator:
Weighted average common shares outstanding - basic	106,033		105,650		105,891		105,510
Adjusted for:
Dilutive effect of equity-based compensation awards	—		—		2,551		—
Effect of assumed conversion of convertible debt	—		—		25,614		—
Effect of assumed conversion of Operating Partnership units	—		—		15,947		—
Weighted average common shares outstanding - diluted	106,033		105,650		150,003		105,510
Net (loss) income per share available to common stockholders:
Basic	$	(0.04)	$	(0.05)	$	0.23	$	(0.11)
Diluted	$	(0.04)	$	(0.05)	$	0.21	$	(0.11)