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(Loss) Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Dilutive Earnings (Loss) Per Share

The following table presents the computation of basic and diluted (loss) earnings per common share for the periods indicated (dollar and share amounts in thousands, except per share amounts):

			Three Months Ended June 30,												Six Months Ended June 30,
			2022						2021						2022						2021
Basic (Loss) Earnings per Common Share:
Net (loss) income attributable to Company			$	(71,896)					$	53,240					$	(145,746)					$	105,448
Less: Preferred Stock dividends			(10,493)						(10,296)						(20,986)						(20,593)
Net (loss) income attributable to Company's common stockholders			$	(82,389)					$	42,944					$	(166,732)					$	84,855
Basic weighted average common shares outstanding			381,200						379,299						380,999						379,091
Basic (Loss) Earnings per Common Share			$	(0.22)					$	0.11					$	(0.44)					$	0.22
Diluted (Loss) Earnings per Common Share:
Net (loss) income attributable to Company			$	(71,896)					$	53,240					$	(145,746)					$	105,448
Less: Preferred Stock dividends			(10,493)						(10,296)						(20,986)						(20,593)
Net (loss) income attributable to Company's common stockholders			$	(82,389)					$	42,944					$	(166,732)					$	84,855
Weighted average common shares outstanding			381,200						379,299						380,999						379,091
Net effect of assumed PSUs vested			—						2,003						—						1,931
Net effect of assumed RSUs vested			—						215						—						145
Diluted weighted average common shares outstanding			381,200						381,517						380,999						381,167
Diluted (Loss) Earnings per Common Share			$	(0.22)					$	0.11					$	(0.44)					$	0.22

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- References

No definition available.

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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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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