Year Ended December 31,

2024

2023

2022

(In thousands, except per share amounts)

Net income (loss)

$

(177,753)

$

(91,709)

$

98,986

Net (income) loss attributable to redeemable noncontrolling interests

22,202

10,596

(13,244)

Net (income) loss attributable to noncontrolling interests

12,025

1,135

(371)

Net income (loss) attributable to common shareholders

(143,526)

(79,978)

85,371

Distributions to participating securities

(2,463)

(2,054)

(1,860)

Net income (loss) available to common shareholders - basic and diluted

$

(145,989)

$

(82,032)

$

83,511

Weighted average number of common shares outstanding - basic and diluted

88,330

105,095

119,005

Earnings (loss) per common share - basic and diluted

$

(1.65)

$

(0.78)

$

0.70