EARNINGS (LOSS) PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2021

The following table presents computations of basic and diluted EPS for the periods indicated:


	Year Ended December 31,
	2021				2020			2019
($ in thousands, except per share data)	Common Stock		Class B Common Stock			Common Stock		Class B Common Stock		Common Stock		Class B Common Stock
Income from continuing operations	$	61,785	$	561		$	12,454	$	120	$	23,535	$	224
Less: income allocated to participating securities	(113)		(1)			—		—		—		—
Less: participating securities dividends	—		—			(372)		(4)		(478)		(5)
Less: preferred stock dividends	(8,247)		(75)			(13,737)		(132)		(15,412)		(147)
Less: impact of preferred stock redemption	(3,317)		(30)			563		5		(5,045)		(48)


Net income (loss) allocated to common stockholders	$	50,108	$	455		$	(1,092)	$	(11)	$	2,600	$	24

Weighted-average common shares outstanding - basic	52,573,659		477,321			49,704,775		477,321		50,144,464		477,321
Add: Dilutive effects of restricted stock units	246,556		—			—		—		97,842		—
Add: Dilutive effects of stock options	5,390		—			—		—		5,324		—

Weighted-average common shares outstanding - diluted	52,825,605		477,321			49,704,775		477,321		50,247,630		477,321
Earnings (loss) per common share:


Basic	$	0.95	$	0.95		$	(0.02)	$	(0.02)	$	0.05	$	0.05



Diluted	$	0.95	$	0.95		$	(0.02)	$	(0.02)	$	0.05	$	0.05