Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Summary of Computation of Earnings Per Share

The following table summarizes our net (loss) income and the number of common shares used in the computation of basic and diluted income per common share, which includes the weighted average number of common shares outstanding and the effect of dilutive potential common shares, if any.

	For the Three Months Ended						For the Nine Months Ended
	September 30,						September 30,
(Amounts in thousands, except per share amounts)	2023			2022			2023			2022
Numerator:
Net (loss) income attributable to common stockholders	$	(8,385	)	$	(1,537	)	$	(54,194	)	$	1,474
Earnings allocated to unvested participating securities		(10	)		(21	)		(40	)		(64	)
Numerator for (loss) income per common share -    basic and diluted	$	(8,395	)	$	(1,558	)	$	(54,234	)	$	1,410
Denominator:
Denominator for basic (loss) income per common share -    weighted average shares		217,043			224,865			216,872			222,229
Effect of dilutive stock-based compensation plans (1)		-			-			-			34
Denominator for diluted (loss) income per common share -    weighted average shares		217,043			224,865			216,872			222,263
(Loss) income per common share - basic and diluted	$	(0.04	)	$	(0.01	)	$	(0.25	)	$	0.01

(1)The effect of dilutive securities excludes 18,470 and 18,041 weighted average share equivalents for the three months ended September 30, 2023 and 2022, respectively, and 17,804 and 20,889 weighted average share equivalents for the nine months ended September 30, 2023 and 2022, respectively, as their effect was anti-dilutive.