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Earnings per Common Share (Tables)
6 Months Ended
Jun. 30, 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 June 30,For the six months ended June 30,
 2024202320242023
Numerator:
Net income attributable to RLJ$37,106 $41,395 $42,043 $52,040 
Less: Preferred dividends(6,279)(6,279)(12,557)(12,557)
Less: Dividends paid on unvested restricted shares(164)(197)(414)(399)
Less: Undistributed earnings attributable to unvested restricted shares(162)(351)— (219)
Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares$30,501 $34,568 $29,072 $38,865 
Denominator:
Weighted-average number of common shares - basic153,641,065 156,424,444 153,305,640 157,945,406 
Unvested restricted shares385,801 316,743 774,210 435,974 
Unvested performance units79,005 — 71,285 — 
Weighted-average number of common shares - diluted154,105,871 156,741,187 154,151,135 158,381,380 
Net income per share attributable to common shareholders - basic$0.20 $0.22 $0.19 $0.25 
Net income per share attributable to common shareholders - diluted$0.20 $0.22 $0.19 $0.25