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Earnings per Common Share (Tables)
6 Months Ended
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,
 2025202420252024
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 - basic149,532,971 153,641,065 150,217,440 153,305,640 
Unvested restricted shares55,741 385,801 133,859 774,210 
Unvested performance units10,241 79,005 3,784 71,285 
Weighted-average number of common shares - diluted149,598,953 154,105,871 150,355,083 154,151,135 
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