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Earnings Per Share (Tables)
6 Months Ended
Jun. 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 six months ended June 30, 2022 and 2021:

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income from continuing operations

 

$

(34,342,000

)

 

$

46,011,000

 

 

$

(41,155,000

)

 

$

40,726,000

 

Preferred stock dividends

 

 

(2,688,000

)

 

 

(2,688,000

)

 

 

(5,376,000

)

 

 

(5,376,000

)

Net loss (income) attributable to noncontrolling interests

 

 

143,000

 

 

 

(377,000

)

 

 

185,000

 

 

 

(480,000

)

Net earnings allocated to unvested shares

 

 

(18,000

)

 

 

(1,878,000

)

 

 

(41,000

)

 

 

(1,850,000

)

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

 

 

(36,905,000

)

 

 

41,068,000

 

 

 

(46,387,000

)

 

 

33,020,000

 

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

 

 

(8,388,000

)

 

 

5,421,000

 

 

 

(2,673,000

)

 

 

11,921,000

 

Net (loss) income attributable to vested common shares

 

$

(45,293,000

)

 

$

46,489,000

 

 

$

(49,060,000

)

 

$

44,941,000

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

13,288,000

 

 

 

13,197,000

 

 

 

13,287,000

 

 

 

13,171,000

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(2.78

)

 

$

3.11

 

 

$

(3.49

)

 

$

2.51

 

Discontinued operations

 

 

(0.63

)

 

 

0.41

 

 

 

(0.20

)

 

 

0.90

 

 

 

$

(3.41

)

 

$

3.52

 

 

$

(3.69

)

 

$

3.41