Three Months Ended June 30,

Six Months Ended June 30,

Basic Earnings

2024

2023

2024

2023

Net income (loss)

$

35,785

$

(83,400

)

$

(68,739

)

$

(34,484

)

Less: Preferred dividends

(3,068

)

(3,068

)

(6,136

)

(6,136

)

Less: Earnings attributable to participating securities

—

—

—

—

Less: Dividends on participating securities

(880

)

(997

)

(1,766

)

(2,000

)

Basic Earnings (Loss)

$

31,837

$

(87,465

)

$

(76,641

)

$

(42,620

)

Dilutive Earnings

Basic Earnings (Loss)

$

31,837

$

(87,465

)

$

(76,641

)

$

(42,620

)

Add: Dividends on participating securities

—

—

—

—

Diluted Earnings (Loss)

$

31,837

$

(87,465

)

$

(76,641

)

$

(42,620

)

Number of Shares:

Basic weighted-average shares of common stock outstanding

140,438,676

141,341,238

141,154,140

141,207,597

Diluted weighted-average shares of common stock outstanding

140,611,532

141,341,238

141,154,140

141,207,597

Earnings (Loss) Per Share Attributable to Common Stockholders

Basic

$

0.23

$

(0.62

)

$

(0.54

)

$

(0.30

)

Diluted

$

0.23

$

(0.62

)

$

(0.54

)

$

(0.30

)