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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2021
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 2021, 2020 and 2019, respectively:

 

 

Years ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(45,003,000

)

 

$

(520,000

)

 

$

1,566,000

 

Preferred stock dividends

 

 

(10,752,000

)

 

 

(10,752,000

)

 

 

(10,752,000

)

Net (income) attributable to noncontrolling interests

 

 

(96,000

)

 

 

(552,000

)

 

 

(490,000

)

Net earnings allocated to unvested shares

 

 

(117,000

)

 

 

(238,000

)

 

 

(558,000

)

Net loss attributable to vested common shares

 

$

(55,968,000

)

 

$

(12,062,000

)

 

$

(10,234,000

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

13,213,000

 

 

 

13,104,000

 

 

 

13,082,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per common share attributable to common shareholders, basic and diluted

 

$

(4.24

)

 

$

(0.92

)

 

$

(0.78

)