EARNINGS PER SHARE AND EQUITY (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The calculation of basic and diluted EPS is presented below:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except share and per share data)	2022		2021		2022		2021
Net income (loss)	$	9,760	$	(36,608)	(219,899)		(71,484)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(8,480)		(6,625)		(15,946)		(11,586)
Less: Dividends on preferred shares	6,791		6,551		13,582		11,176
Net income (loss) attributable to shareholders	$	11,449	$	(36,534)	$	(217,535)	$	(71,074)
Weighted Average Common Shares Outstanding - Basic (1)	99,370,301		86,030,652		99,367,597		86,029,305
Weighted Average Common Shares Outstanding - Diluted (1)	99,805,455		86,030,652		99,367,597		86,029,305
Income (loss) per share:
Basic	$	0.12	$	(0.42)	$	(2.19)	$	(0.83)
Diluted	$	0.11	$	(0.42)	$	(2.19)	$	(0.83)

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(1) Three and six months ended June 30, 2022 and 2021 include participating securities which can be converted into a fixed amount of our shares.