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Earnings per Common Share (Tables)

3 Months Ended

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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- References

No definition available.

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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

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