XML 46 R33.htm IDEA: XBRL DOCUMENT v3.24.1
Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Reconciliation of Net Income (Loss) and Number of Common Shares Used in Computations of Basic Earnings Per Share The table below provides a reconciliation of net loss and the number of common shares used in the computations of “basic” earnings per share (“EPS”), which utilizes the weighted-average number of common shares outstanding without regard to dilutive potential common shares, and “diluted” EPS, which includes all such shares.

(in thousands except per share amounts)

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Numerator - Basic and Diluted

 

 

 

 

 

 

 

 

 

Net loss

 

$

(154,911

)

 

$

(120,097

)

 

$

(38,985

)

Net loss attributable to non-controlling interests

 

 

 

 

 

46,152

 

 

 

10,836

 

Preferred dividends

 

 

(4,900

)

 

 

(4,900

)

 

 

(4,900

)

Net loss attributable to common shareholders - Basic

 

$

(159,811

)

 

$

(78,845

)

 

$

(33,049

)

 

 

 

 

 

 

 

 

 

 

Denominator - Basic and Diluted

 

 

 

 

 

 

 

 

 

Weighted average Class A common shares outstanding

 

 

56,151

 

 

 

49,729

 

 

 

42,393

 

Weighted average Class A common shares
   outstanding - Basic

 

 

56,151

 

 

 

49,729

 

 

 

42,393

 

Weighted average Class A common shares
   outstanding - Diluted

 

 

56,151

 

 

 

49,729

 

 

 

42,393

 

 

 

 

 

 

 

 

 

 

 

Loss per share attributable to Class A
   common shareholders - Basic

 

$

(2.85

)

 

$

(1.59

)

 

$

(0.78

)

Loss per share attributable to Class A
   common shareholders - Diluted

 

$

(2.85

)

 

$

(1.59

)

 

$

(0.78

)