Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2020

The computation of basic and diluted earnings per common share is as follows (in thousands, except share and per share data):


	For the three months ended June 30,						For the six months ended June 30,
	2020		2019		2020		2019
Numerator:
Net (loss) income attributable to RLJ	$	(115,074)	$	33,444	$	(144,398)	$	60,697
Less: Preferred dividends	(6,279)		(6,279)		(12,557)		(12,557)
Less: Dividends paid on unvested restricted shares	(15)		(378)		(29)		(690)
Less: Undistributed earnings attributable to unvested restricted shares	—		—		—		—
Net (loss) income attributable to common shareholders excluding amounts attributable to unvested restricted shares	$	(121,368)	$	26,787	$	(156,984)	$	47,450

Denominator:
Weighted-average number of common shares - basic	163,543,701		172,661,878		165,346,717		172,729,064
Unvested restricted shares	—		104,213		—		79,449

Weighted-average number of common shares - diluted	163,543,701		172,766,091		165,346,717		172,808,513

Net (loss) income per share attributable to common shareholders - basic	$	(0.74)	$	0.16	$	(0.95)	$	0.27

Net (loss) income per share attributable to common shareholders - diluted	$	(0.74)	$	0.16	$	(0.95)	$	0.27