Earnings per Common Share (Tables)

12 Months Ended

Dec. 31, 2020

The computation of basic and diluted earnings per Common Share is as follows (in thousands, except share and per share data):


	For the year ended December 31,
	2020		2019		2018
Numerator:
Net (loss) income attributable to RLJ	$	(404,441)	$	127,842	$	188,643
Less: Preferred dividends	(25,115)		(25,115)		(25,115)
Less: Dividends paid on unvested restricted shares	(55)		(1,342)		(1,181)
Less: Undistributed earnings attributable to unvested restricted shares	—		—		—
Net (loss) income attributable to common shareholders excluding amounts attributable to unvested restricted shares	$	(429,611)	$	101,385	$	162,347

Denominator:
Weighted-average number of Common Shares - basic	164,503,661		171,287,086		174,225,130
Unvested restricted shares	—		101,390		91,275

Weighted-average number of Common Shares - diluted	164,503,661		171,388,476		174,316,405

Net (loss) income per share attributable to common shareholders - basic	$	(2.61)	$	0.59	$	0.93

Net (loss) income per share attributable to common shareholders - diluted	$	(2.61)	$	0.59	$	0.93