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(Loss) Earnings Per Common Share | 6 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
(Loss) Earnings Per Common Share | 18. Loss Per Common Share The Company calculates basic loss per common share by dividing net loss attributable to the Company's common stockholders for the period by weighted-average shares of common stock outstanding for that period. Diluted loss per common share takes into account the effect of dilutive instruments, such as convertible notes, performance share units ("PSUs") and restricted stock units ("RSUs"), and the number of incremental shares that are to be added to the weighted-average number of shares outstanding. The Company redeemed the Convertible Notes at maturity in the amount of $138.0 million on January 15, 2022. During the six months ended June 30, 2022, the Company's Convertible Notes were determined to be anti-dilutive and were not included in the calculation of diluted loss per common share. During the three and six months ended June 30, 2023 and 2022, the PSUs and RSUs awarded under the 2017 Plan were determined to be anti-dilutive and were not included in the calculation of diluted loss per common share under the treasury stock method. The following table presents the computation of basic and diluted loss 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,
| 2023 |  | 2022 |  | 2023 |  | 2022
Basic Loss per Common Share: |  |  |  |  |  |  |
Net loss attributable to Company | $ | (26,928) |  |  | $ | (71,896) |  |  | $ | (6,065) |  |  | $ | (145,746) |
Less: Preferred Stock dividends | (10,474) |  |  | (10,493) |  |  | (20,958) |  |  | (20,986) |
Plus: Gain on repurchase of Preferred Stock | 200 |  |  | — |  |  | 342 |  |  | — |
Net loss attributable to Company's common stockholders | $ | (37,202) |  |  | $ | (82,389) |  |  | $ | (26,681) |  |  | $ | (166,732) |
Basic weighted average common shares outstanding | 91,193 |  |  | 95,300 |  |  | 91,254 |  |  | 95,250 |
Basic Loss per Common Share | $ | (0.41) |  |  | $ | (0.86) |  |  | $ | (0.29) |  |  | $ | (1.75) |
Diluted Loss per Common Share: |  |  |  |  |  |  |
Net loss attributable to Company | $ | (26,928) |  |  | $ | (71,896) |  |  | $ | (6,065) |  |  | $ | (145,746) |
Less: Preferred Stock dividends | (10,474) |  |  | (10,493) |  |  | (20,958) |  |  | (20,986) |
Plus: Gain on repurchase of Preferred Stock | 200 |  |  | — |  |  | 342 |  |  | — |
Net loss attributable to Company's common stockholders | $ | (37,202) |  |  | $ | (82,389) |  |  | $ | (26,681) |  |  | $ | (166,732) |
Weighted average common shares outstanding | 91,193 |  |  | 95,300 |  |  | 91,254 |  |  | 95,250 |
Diluted weighted average common shares outstanding | 91,193 |  |  | 95,300 |  |  | 91,254 |  |  | 95,250 |
Diluted Loss per Common Share | $ | (0.41) |  |  | $ | (0.86) |  |  | $ | (0.29) |  |  | $ | (1.75) |

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