XML 41 R32.htm IDEA: XBRL DOCUMENT v3.22.2.2
Earnings per Common Share (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted earnings per common share
The computation of basic and diluted earnings per common share is as follows (in thousands, except share and per share data):
 For the three months ended September 30,For the nine months ended September 30,
 2022202120222021
Numerator:
Net income (loss) attributable to RLJ$17,594 $(148,007)$35,312 $(277,440)
Less: Preferred dividends(6,279)(6,279)(18,836)(18,836)
Less: Dividends paid on unvested restricted shares(118)(25)(167)(61)
Less: Undistributed earnings attributable to unvested restricted shares(46)— (73)— 
Net income (loss) attributable to common shareholders excluding amounts attributable to unvested restricted shares$11,151 $(154,311)$16,236 $(296,337)
Denominator:
Weighted-average number of common shares - basic160,368,297 164,068,011 162,681,840 163,964,227 
Unvested restricted shares311,171 — 319,985 — 
Unvested performance units105,241 — 62,637 — 
Weighted-average number of common shares - diluted160,784,709 164,068,011 163,064,462 163,964,227 
Net income (loss) per share attributable to common shareholders - basic$0.07 $(0.94)$0.10 $(1.81)
Net income (loss) per share attributable to common shareholders - diluted$0.07 $(0.94)$0.10 $(1.81)