XML 139 R115.htm IDEA: XBRL DOCUMENT v3.25.0.1
EARNINGS PER SHARE - Schedule of Components Used to Calculate Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Numerator:      
Net income (loss) $ 38,891 $ (28,116) $ 1,217
Less - Distributions to and accretion of redeemable non-controlling interests (2,626) (2,626) (2,520)
Preferred dividends (15,875) (15,875) (15,875)
Loss (income) related to non-controlling interests in consolidated joint ventures 8,499 14,824 (2,321)
Allocation of (income) loss to participating securities (4,056) 3,803 2,570
Numerator for income (loss) per common stockholder - basic 24,833 (27,990) (16,929)
Interest rate effect on assumed conversion of convertible debt 4,323 0 0
Numerator for income (loss) per common stockholder - diluted $ 29,156 $ (27,990) $ (16,929)
Denominator:      
Weighted average common shares outstanding - basic (in shares) 105,927 105,548 105,142
Dilutive effect of equity-based compensation awards (in shares) 660 0 0
Effect of assumed conversion of convertible debt (in shares) 25,778 0 0
Weighted average common shares outstanding - diluted (in shares) 132,365 105,548 105,142
Net income (loss) per share available to common stockholders:      
Basic (in usd per shares) $ 0.23 $ (0.27) $ (0.16)
Diluted (in usd per shares) $ 0.22 $ (0.27) $ (0.16)