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Income (Loss) Per Share | 3 Months Ended
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Mar. 31, 2022
Earnings Per Share [Abstract] |
Income (Loss) Per Share | Income (Loss) Per Share Basic income (loss) per common share is calculated using the two-class method by dividing net income (loss) attributable to common stockholders by the weighted average number of common shares outstanding during the period. Diluted income (loss) per common share is calculated using the two-class method, or treasury stock method if more dilutive, and reflects the potential dilution that could occur if securities or other contracts to issue common shares were exercised or converted into common shares, whereby such exercise or conversion would result in lower income per share. The following table reconciles the amounts used in calculating basic and diluted income (loss) per share (in thousands, except per-share amounts):
| Three Months Ended March 31, |  |
| 2022 |  | 2021 |  |  |  |  |  |
Income (loss) allocated to common stockholders - basic and diluted: |  |  |  |  |  |  |  |  |
Income (loss) attributable to the Company | $ | (55,430) |  |  | $ | (103,038) |  |  |  |  |  |  |
Less: Dividends on preferred stock | (3,103) |  |  | — |  |  |  |  |  |  |
Add: Dividend reversal on preferred stock, net (1) | — |  |  | 818 |  | (1) |  |  |  |  |
Add: Gain (loss) on extinguishment of preferred stock | — |  |  | 10,635 |  |  |  |  |  |  |
Add: Claw back of dividends on cancelled performance stock units | — |  |  | 178 |  |  |  |  |  |  |
Distributed and undistributed income (loss) allocated to common stockholders - basic and diluted | $ | (58,533) |  |  | $ | (91,407) |  |  |  |  |  |  |
Weighted average common shares outstanding: |  |  |  |  |  |  |  |  |
Weighted average shares outstanding - basic and diluted | 34,269 |  |  | 8,305 |  |  |  |  |  |  |
Basic income (loss) per share: |  |  |  |  |  |  |  |  |
Net income (loss) allocated to common stockholders per share | $ | (1.71) |  |  | $ | (11.01) |  |  |  |  |  |  |
Diluted income (loss) per share: |  |  |  |  |  |  |  |  |
Net income (loss) allocated to common stockholders per share | $ | (1.71) |  |  | $ | (11.01) |  |  |  |  |  |  |
Due to their anti-dilutive effect, the computation of diluted income (loss) per share does not reflect adjustments for the following items (in thousands):
| Three Months Ended March 31, |  |
| 2022 |  | 2021 |  |  |  |  |  |
Income (loss) allocated to common stockholders is not adjusted for: |  |  |  |  |  |  |  |  |
Income (loss) attributable to redeemable noncontrolling interests in operating partnership | $ | (372) |  |  | $ | (2,271) |  | (1) |  |  |  |  |
Total | $ | (372) |  |  | $ | (2,271) |  |  |  |  |  |  |
Weighted average diluted shares are not adjusted for: |  |  |  |  |  |  |  |  |
Effect of unvested restricted stock | — |  |  | 1 |  |  |  |  |  |  |
Effect of assumed conversion of operating partnership units | 236 |  |  | 202 |  |  |  |  |  |  |
Effect of assumed issuance of shares for term loan exit fee | 1,745 |  |  | 1,453 |  |  |  |  |  |  |
Total | 1,981 |  |  | 1,656 |  |  |  |  |  |  |
_______________ (1)Inclusive of preferred stock dividend of $20 for the three months ended March 31, 2021 allocated to redeemable noncontrolling interests in operating partnership.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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