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Earnings per Common Share (Tables) | 12 Months Ended
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Dec. 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 year ended December 31,
| 2024 |  | 2023 |  | 2022
Numerator: |  |  |  |  |
Net income attributable to RLJ | $ | 68,021 |  |  | $ | 76,405 |  |  | $ | 41,925 |
Less: Preferred dividends | (25,115) |  |  | (25,115) |  |  | (25,115) |
Less: Dividends paid on unvested restricted shares | (895) |  |  | (882) |  |  | (284) |
Less: Undistributed earnings attributable to unvested restricted shares | — |  |  | — |  |  | — |
Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares | $ | 42,011 |  |  | $ | 50,408 |  |  | $ | 16,526 |
Denominator: |  |  |  |  |
Weighted-average number of common shares - basic | 152,856,036 |  |  | 155,928,663 |  |  | 161,947,807 |
Unvested restricted shares | 481,666 |  |  | 538,023 |  |  | 345,058 |
Unvested performance units | 138,219 |  |  | 89,728 |  |  | — |
Weighted-average number of common shares - diluted | 153,475,921 |  |  | 156,556,414 |  |  | 162,292,865 |
Net income per share attributable to common shareholders - basic | $ | 0.27 |  |  | $ | 0.32 |  |  | $ | 0.10 |
Net income per share attributable to common shareholders - diluted | $ | 0.27 |  |  | $ | 0.32 |  |  | $ | 0.10 |

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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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