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Income (Loss) Per Share (Tables)
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Amounts Used in Calculating Basic and Diluted Earnings (Loss) 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 September 30,Nine Months Ended September 30,
2025202420252024
Income (loss) allocated to common stockholders – basic and diluted:
Income (loss) attributable to the Company$(60,149)$(57,905)$(110,516)$63,910 
Less: dividends on preferred stock(7,175)(5,900)(20,921)(16,379)
Less: deemed dividends on redeemable preferred stock(1,677)(902)(5,264)(2,253)
Add: gain (loss) on extinguishment of preferred stock
— 1,556 — 3,340 
Less: net (income) loss allocated to performance stock units
— — — (219)
Distributed and undistributed income (loss) allocated to common stockholders – basic
$(69,001)$(63,151)$(136,701)$48,399 
Add back: dividends on preferred stock – Series J (inclusive of deemed dividends)
— — — 9,403 
Add back: dividends on preferred stock – Series K (inclusive of deemed dividends)
— — — 796 
Distributed and undistributed income (loss) allocated to common stockholders – basic and diluted
$(69,001)$(63,151)$(136,701)$58,598 
Weighted average common shares outstanding:
Weighted average shares outstanding – basic and diluted
6,081 5,096 5,847 4,425 
Effect of assumed conversion of preferred stock – Series J
— — — 13,431 
Effect of assumed conversion of preferred stock – Series K
— — — 912 
Weighted average shares outstanding – diluted
6,081 5,096 5,847 18,768 
Basic income (loss) per share:
Net income (loss) allocated to common stockholders per share$(11.35)$(12.39)$(23.38)$10.94 
Diluted income (loss) per share:
Net income (loss) allocated to common stockholders per share$(11.35)$(12.39)$(23.38)$3.12 
Schedule of Computation of Diluted Income Per Share
Due to their anti-dilutive effect, the computation of diluted income (loss) per share does not reflect adjustments for the following items (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Income (loss) allocated to common stockholders is not adjusted for:
Income (loss) allocated to unvested performance stock units$— $— $— $219 
Income (loss) attributable to redeemable noncontrolling interests in operating partnership(1,045)(746)(2,127)672 
Dividends on preferred stock – Series J (inclusive of deemed dividends)
4,585 3,710 14,019 — 
Dividends on preferred stock – Series K (inclusive of deemed dividends)
445 375 1,342 — 
Dividends on preferred stock – Series L (inclusive of deemed dividends)
273 — 941 — 
Dividends on preferred stock – Series M (inclusive of deemed dividends)
835 — 1,741 — 
Total$5,093 $3,339 $15,916 $891 
Weighted average diluted shares are not adjusted for:
Effect of unvested restricted stock— — 10 — 
Effect of assumed conversion of operating partnership units110 60 98 55 
Effect of assumed conversion of preferred stock – Series J
32,486 19,178 29,757 — 
Effect of assumed conversion of preferred stock – Series K
3,144 1,410 2,840 — 
Effect of assumed conversion of preferred stock – Series L
647 — 283 — 
Effect of assumed conversion of preferred stock – Series M
1,269 — 505 — 
Total37,656 20,648 33,493 55