XML 57 R44.htm IDEA: XBRL DOCUMENT v3.24.3
NET INCOME (LOSS) PER SHARE - Reconciliation of Numerator and Denominator Used to Calculate Basic and Dilutes EPS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
NUMERATOR        
Net income (loss) attributable to controlling interests $ (1,048) $ 7,774 $ (6,249) $ 49,482
Dividends to preferred shareholders (1,607) (1,607) (4,821) (4,821)
Redemption of preferred shares (3,511) 0 (3,511) 0
Numerator for basic income (loss) per share – net income (loss) available to common shareholders (6,166) 6,167 (14,581) 44,661
Noncontrolling interests – operating partnership and Series E preferred units 0 1,204 0 6,233
Dividends to Series D preferred unitholders 0 0 0 480
Numerator for diluted income (loss) per share $ (6,166) $ 7,371 $ (14,581) $ 51,374
DENOMINATOR        
Denominator for basic income (loss) per share weighted average shares (in shares) 15,528 14,989 15,143 14,988
Effect of redeemable operating partnership units (in shares) 0 908 0 0
Effect of dilutive restricted stock units and stock options (in shares) 0 28 0 23
Denominator for diluted income (loss) per share (in shares) 15,528 18,018 15,143 17,344
NET INCOME (LOSS) PER COMMON SHARE – BASIC (in dollars per share) $ (0.40) $ 0.41 $ (0.96) $ 2.98
NET INCOME (LOSS) PER COMMON SHARE – DILUTED (in dollars per share) $ (0.40) $ 0.41 $ (0.96) $ 2.96
Series D Preferred Units        
DENOMINATOR        
Effect of preferred units (in shares) 0 0 0 228
Series E Preferred Units        
DENOMINATOR        
Effect of preferred units (in shares) 0 2,093 0 2,105