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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Reconciliation

The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for the three and six months ended June 30, 2024 and 2023:

			Three Months Ended June 30,												Six Months Ended June 30,
			2024						2023						2024						2023
BASIC
Net income (loss) attributable to common shareholders			$	3,775					$	(9,683)					$	1,844					$	(161)
Weighted-average number of common shares outstanding - basic			291,403,985						290,186,934						291,346,184						290,134,015
Net income (loss) attributable to common shareholders - per common share basic			$	0.01					$	(0.03)					$	0.01					$	—
DILUTED
Net income (loss) attributable to common shareholders - basic			$	3,775					$	(9,683)					$	1,844					$	(161)
Impact of assumed conversions			—						(81)						—						(77)
Net income (loss) attributable to common shareholders			$	3,775					$	(9,764)					$	1,844					$	(238)
Weighted-average common shares outstanding - basic			291,403,985						290,186,934						291,346,184						290,134,015
Effect of dilutive securities:
Unvested share-based payment awards			211,365						—						105,682						—
Operating partnership units			—						828,603						—						830,335
Weighted-average common shares outstanding - diluted			291,615,350						291,015,537						291,451,866						290,964,350
Net income (loss) attributable to common shareholders - per common share diluted			$	0.01					$	(0.03)					$	0.01					$	—

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table summarizes the potentially dilutive shares excluded from the dilutive earnings per share calculation as the inclusion of such shares would be anti-dilutive:

			Three Months Ended June 30,												Six Months Ended June 30,
			2024						2023						2024						2023
Unvested share-based payment awards			—						135,172						—						131,522
Preferred shares - Series C			4,710,570						4,710,570						4,710,570						4,710,570

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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