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Earnings per Common Share (Tables) | 3 Months Ended
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Mar. 31, 2024
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 March 31,
|  |  |  |  | 2024 |  | 2023
Numerator: |  |  |  |  |  |  |
Net income attributable to RLJ |  |  |  |  | $ | 4,937 |  |  | $ | 10,645 |
Less: Preferred dividends |  |  |  |  | (6,279) |  |  | (6,279) |
Less: Dividends paid on unvested restricted shares |  |  |  |  | (250) |  |  | (202) |
Net (loss) income attributable to common shareholders excluding amounts attributable to unvested restricted shares |  |  |  |  | $ | (1,592) |  |  | $ | 4,164 |
Denominator: |  |  |  |  |  |  |
Weighted-average number of common shares - basic |  |  |  |  | 152,970,215 |  |  | 159,483,268 |
Unvested restricted shares |  |  |  |  | — |  |  | 568,125 |
Unvested performance units |  |  |  |  | — |  |  | 92,355 |
Weighted-average number of common shares - diluted |  |  |  |  | 152,970,215 |  |  | 160,143,748 |
Net (loss) income per share attributable to common shareholders - basic |  |  |  |  | $ | (0.01) |  |  | $ | 0.03 |
Net (loss) income per share attributable to common shareholders - diluted |  |  |  |  | $ | (0.01) |  |  | $ | 0.03 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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