Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of earnings per share, basic and diluted

The following table sets forth the computation of basic and diluted income (loss) per share (in thousands, except per share amounts):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Net income (loss)	$	40,822	$	(27,561)	$	13,542	$	(28,502)
Preferred dividends and accretion	12,257		5,479		36,045		5,479
Net income (loss) to common shareholders	$	28,565	$	(33,040)	$	(22,503)	$	(33,981)
Basic:
Weighted average shares	150,322		130,955		149,604		128,315
Income (loss) per share	$	0.19	$	(0.25)	$	(0.15)	$	(0.26)
Diluted:
Effect of Restricted Stock and Performance Awards	1,060		—		—		—
Weighted average shares	151,382		130,955		149,604		128,315
Income (loss) per share	$	0.19	$	(0.25)	$	(0.15)	$	(0.26)