Earnings per Share of Common Stock (Tables)

3 Months Ended

Mar. 31, 2021

Earnings per Share of Common Stock

Schedule of computation of basic and diluted earnings per share

	Three Months Ended March 31,
(In Thousands, except for share and per share amounts)	2021		2020
Basic Earnings
Net income (loss)	$	28,947	$	(51,516)
Less: Income (loss) attributable to non-controlling interest		659		(1,064)
Less: Income attributable to participating shares		657		463
Basic earnings	$	27,631	$	(50,915)
Diluted Earnings
Net income (loss)	$	28,947	$	(51,516)
Less: Income (loss) attributable to non-controlling interest		659		(1,064)
Less: Income attributable to participating shares		657		463
Diluted earnings	$	27,631	$	(50,915)
Number of Shares
Basic — Average shares outstanding		56,817,632		51,984,040
Effect of dilutive securities — Unvested participating shares		25,816		5,973
Diluted — Average shares outstanding		56,843,448		51,990,013
Earnings Per Share Attributable to RC Common Stockholders:
Basic	$	0.49	$	(0.98)
Diluted	$	0.49	$	(0.98)