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Earnings per Common Share (Tables) | 6 Months Ended
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Jun. 30, 2025
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,
| 2025 |  | 2024 |  | 2025 |  | 2024
Numerator: |  |  |  |  |  |  |
Net income attributable to RLJ | $ | 28,453 |  |  | $ | 37,106 |  |  | $ | 31,815 |  |  | $ | 42,043 |
Less: Preferred dividends | (6,279) |  |  | (6,279) |  |  | (12,557) |  |  | (12,557) |
Less: Dividends paid on unvested restricted shares | (300) |  |  | (164) |  |  | (586) |  |  | (414) |
Less: Undistributed earnings attributable to unvested restricted shares | — |  |  | (162) |  |  | — |  |  | — |
Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares | $ | 21,874 |  |  | $ | 30,501 |  |  | $ | 18,672 |  |  | $ | 29,072 |
Denominator: |  |  |  |  |  |  |
Weighted-average number of common shares - basic | 149,532,971 |  |  | 153,641,065 |  |  | 150,217,440 |  |  | 153,305,640 |
Unvested restricted shares | 55,741 |  |  | 385,801 |  |  | 133,859 |  |  | 774,210 |
Unvested performance units | 10,241 |  |  | 79,005 |  |  | 3,784 |  |  | 71,285 |
Weighted-average number of common shares - diluted | 149,598,953 |  |  | 154,105,871 |  |  | 150,355,083 |  |  | 154,151,135 |
Net income per share attributable to common shareholders - basic | $ | 0.15 |  |  | $ | 0.20 |  |  | $ | 0.12 |  |  | $ | 0.19 |
Net income per share attributable to common shareholders - diluted | $ | 0.15 |  |  | $ | 0.20 |  |  | $ | 0.12 |  |  | $ | 0.19 |

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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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