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Earnings per Common Share (Tables)
9 Months Ended
Sep. 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 September 30,For the nine months ended September 30,
 2024202320242023
Numerator:
Net income attributable to RLJ$20,602 $16,430 $62,645 $68,470 
Less: Preferred dividends(6,279)(6,279)(18,836)(18,836)
Less: Dividends paid on unvested restricted shares(242)(243)(657)(642)
Less: Undistributed earnings attributable to unvested restricted shares— — — (133)
Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares$14,081 $9,908 $43,152 $48,859 
Denominator:
Weighted-average number of common shares - basic153,070,639 154,563,284 153,226,734 156,805,643 
Unvested restricted shares87,512 446,087 533,940 434,183 
Unvested performance units82,018 72,274 70,080 40,380 
Weighted-average number of common shares - diluted153,240,169 155,081,645 153,830,754 157,280,206 
Net income per share attributable to common shareholders - basic$0.09 $0.06 $0.28 $0.31 
Net income per share attributable to common shareholders - diluted$0.09 $0.06 $0.28 $0.31