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Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2023
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,
 2023202220232022
Numerator:
Net income attributable to RLJ$16,430 $17,594 $68,470 $35,312 
Less: Preferred dividends(6,279)(6,279)(18,836)(18,836)
Less: Dividends paid on unvested restricted shares(243)(118)(642)(167)
Less: Undistributed earnings attributable to unvested restricted shares— (46)(133)(73)
Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares$9,908 $11,151 $48,859 $16,236 
Denominator:
Weighted-average number of common shares - basic154,563,284 160,368,297 156,805,643 162,681,840 
Unvested restricted shares446,087 311,171 434,183 319,985 
Unvested performance units72,274 105,241 40,380 62,637 
Weighted-average number of common shares - diluted155,081,645 160,784,709 157,280,206 163,064,462 
Net income per share attributable to common shareholders - basic$0.06 $0.07 $0.31 $0.10 
Net income per share attributable to common shareholders - diluted$0.06 $0.07 $0.31 $0.10