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Earnings per Common Share (Tables)
12 Months Ended
Dec. 31, 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 year ended December 31,
 202320222021
Numerator:  
Net income (loss) attributable to RLJ$76,405 $41,925 $(305,168)
Less: Preferred dividends(25,115)(25,115)(25,115)
Less: Dividends paid on unvested restricted shares(882)(284)(85)
Less: Undistributed earnings attributable to unvested restricted shares— — — 
Net income (loss) attributable to common shareholders excluding amounts attributable to unvested restricted shares$50,408 $16,526 $(330,368)
Denominator:  
Weighted-average number of common shares - basic155,928,663 161,947,807 163,998,390 
Unvested restricted shares538,023 345,058 — 
Unvested performance units89,728 — — 
Weighted-average number of common shares - diluted156,556,414 162,292,865 163,998,390 
Net income (loss) per share attributable to common shareholders - basic$0.32 $0.10 $(2.01)
Net income (loss) per share attributable to common shareholders - diluted$0.32 $0.10 $(2.01)