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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three and nine months ended September 30, 2022 and 2021:

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net loss from continuing operations

 

$

(36,219,000

)

 

$

(63,426,000

)

 

$

(77,374,000

)

 

$

(22,700,000

)

Preferred stock dividends

 

 

(2,688,000

)

 

 

(2,688,000

)

 

 

(8,064,000

)

 

 

(8,064,000

)

Net loss (income) attributable to noncontrolling interests

 

 

147,000

 

 

 

264,000

 

 

 

299,000

 

 

 

(215,000

)

Net earnings (loss) allocated to unvested shares

 

 

17,000

 

 

 

(29,000

)

 

 

58,000

 

 

 

(92,000

)

Loss from continuing operations, net of noncontrolling interest, attributable to vested common shares

 

 

(38,743,000

)

 

 

(65,879,000

)

 

 

(85,081,000

)

 

 

(31,071,000

)

Income (loss) from discontinued operations, net of noncontrolling interests, attributable to vested common shares

 

 

125,381,000

 

 

 

(17,354,000

)

 

 

122,742,000

 

 

 

(5,434,000

)

Net income (loss) attributable to vested common shares

 

$

86,638,000

 

 

$

(83,233,000

)

 

$

37,661,000

 

 

$

(36,505,000

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of vested common shares outstanding, basic and diluted

 

 

13,494,000

 

 

 

13,252,000

 

 

 

13,357,000

 

 

 

13,191,000

 

Net income (loss) per common share attributable to common shareholders (basic and diluted):

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(2.87

)

 

$

(4.97

)

 

$

(6.37

)

 

$

(2.36

)

Discontinued operations

 

 

9.29

 

 

 

(1.31

)

 

 

9.19

 

 

 

(0.41

)

 

 

$

6.42

 

 

$

(6.28

)

 

$

2.82

 

 

$

(2.77

)