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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following is a summary of the basic and diluted net loss per share computation for the periods presented:
|  | Three Months Ended March 31, |  |
(In thousands, except share and per share data) |  | 2024 |  | 2023 |  |  |  |
Net loss attributable to common stockholders |  | $ | (34,687) |  |  | $ | (5,989) |  |  |  |  |
Adjustments to net loss attributable to common stockholders for common share equivalents |  | (234) |  |  | (239) |  |  |  |  |
Adjusted net loss attributable to common stockholders |  | $ | (34,921) |  |  | $ | (6,228) |  |  |  |  |
Weighted average common shares outstanding — Basic and Diluted |  | 230,319,722 |  |  | 103,782,949 |  |  |  |  |
Net loss per share attributable to common stockholders — Basic and Diluted |  | $ | (0.15) |  |  | $ | (0.06) |  |  |  |  |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The following table shows common share equivalents on a weighted average basis that were excluded from the calculation of diluted earnings per share for the three months ended March 31, 2024 and 2023 (see Note 13 — Equity-Based Compensation for additional information on all of the common share equivalents listed in the table below):
|  | Three Months Ended March 31, |  |
|  | 2024 |  | 2023 |  |  |  |
Unvested RSUs (1) |  | 621,154 |  |  | 47,011 |  |  |  |  |
Unvested Restricted Shares (2) |  | 561,724 |  |  | 359,840 |  |  |  |  |
Unvested PSUs (3) |  | 1,288,072 |  |  | — |  |  |  |  |
Class A Units (4) |  | 115,857 |  |  | — |  |  |  |  |
GNL LTIP Units (5) |  | — |  |  | 2,500,000 |  |  |  |  |
Total common share equivalents excluded from EPS calculation |  | 2,586,807 |  |  | 2,906,851 |  |  |  |  |
(1) There were 1,025,253 and 31,712 unvested RSUs issued and outstanding as of March 31, 2024 and 2023, respectively. (2) There were 513,842 and 359,840 unvested Restricted Shares issued and outstanding as of March 31, 2024 and 2023, respectively. (3) There were 1,288,072 PSUs outstanding as of March 31, 2024 and none outstanding as of March 31, 2023. (4) There were 115,857 Class A Units outstanding as of March 31, 2024 and none outstanding as of March 31, 2023. (5) The performance period under the 2021 OPP was accelerated and ended on September 11, 2023 and 883,750 GNL LTIP Units became earned and vested and Common Stock was issued for the vested GNL LTIP Units. As a result, there were no GNL LTIP Units issued and outstanding under the 2021 OPP as of March 31, 2024 and there were 2,500,000 GNL LTIP Units issued and outstanding under the 2021 OPP as of March 31, 2023.

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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 + Details
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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 + Details
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