XML 60 R47.htm IDEA: XBRL DOCUMENT v3.24.1.u1
(Loss) Earnings Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Dilutive 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 March 31,
20242023
Basic (Loss) Earnings per Common Share:
Net (loss) income attributable to Company
$(57,901)$20,863 
Less: Preferred Stock dividends(10,439)(10,484)
Plus: Gain on repurchase of Preferred Stock— 142 
Net (loss) income attributable to Company's common stockholders
$(68,340)$10,521 
Basic weighted average common shares outstanding
91,117 91,314 
Basic (Loss) Earnings per Common Share
$(0.75)$0.12 
Diluted (Loss) Earnings per Common Share:
Net (loss) income attributable to Company
$(57,901)$20,863 
Less: Preferred Stock dividends(10,439)(10,484)
Plus: Gain on repurchase of Preferred Stock— 142 
Net (loss) income attributable to Company's common stockholders
$(68,340)$10,521 
Weighted average common shares outstanding
91,117 91,314 
Net effect of assumed PSUs vested— 358 
Diluted weighted average common shares outstanding
91,117 91,672 
Diluted (Loss) Earnings per Common Share
$(0.75)$0.11