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Earnings Per Share | 9 Months Ended
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Sep. 30, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | 15. Earnings Per Share We provide a dual presentation of our net income (loss) per common share in our unaudited condensed consolidated statements of operations: basic net income (loss) per common share (“Basic EPS”) and diluted net income (loss) per common share (“Diluted EPS”). Basic EPS excludes dilution and is determined by dividing the earnings attributable to common stockholders by the weighted average number of common shares outstanding during the period. Diluted EPS is based on the weighted average number of common shares outstanding plus the dilutive effect of potential common shares, including stock options and non-vested performance units and non-vested restricted stock units. The dilutive effect of stock options, non-vested performance units and non-vested restricted stock units is determined using the treasury stock method. The following table presents information necessary to calculate net income (loss) per share for the three and nine months ended September 30, 2023 and 2022 as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive (in thousands, except per share amounts):
| Three Months Ended |  |  | Nine Months Ended |
| September 30, |  |  | September 30, |
| 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
BASIC EPS: |  |  |  |  |  |  |  |  |  |  |
Net income attributable to common stockholders | $ | 50 |  |  | $ | 61,452 |  |  | $ | 184,342 |  |  | $ | 54,561 |
Weighted average number of common shares outstanding, excluding non-vested shares of restricted stock |  | 280,218 |  |  |  | 216,822 |  |  |  | 233,631 |  |  |  | 216,090 |
Basic net income per common share | $ | 0.00 |  |  | $ | 0.28 |  |  | $ | 0.79 |  |  | $ | 0.25 |
DILUTED EPS: |  |  |  |  |  |  |  |  |  |  |
Net income attributable to common stockholders | $ | 50 |  |  | $ | 61,452 |  |  | $ | 184,342 |  |  | $ | 54,561 |
Weighted average number of common shares outstanding, excluding non-vested shares of restricted stock |  | 281,984 |  |  |  | 220,454 |  |  |  | 234,488 |  |  |  | 219,381 |
Diluted net income per common share | $ | 0.00 |  |  | $ | 0.28 |  |  | $ | 0.79 |  |  | $ | 0.25 |
Potentially dilutive securities excluded as anti-dilutive |  | 3,268 |  |  |  | 3,359 |  |  |  | 10,351 |  |  |  | 3,359 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
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