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Loss Per Common Share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Loss 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 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.

During the three and six months ended June 30, 2024 and 2023, 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,
2024202320242023
Basic Loss per Common Share:
Net loss attributable to Company
$(15,589)$(26,928)$(73,489)$(6,065)
Less: Preferred Stock dividends(10,439)(10,474)(20,878)(20,958)
Plus: Gain on repurchase of Preferred Stock— 200 — 342 
Net loss attributable to Company's common stockholders
$(26,028)$(37,202)$(94,367)$(26,681)
Basic weighted average common shares outstanding
90,989 91,193 91,053 91,254 
Basic Loss per Common Share
$(0.29)$(0.41)$(1.04)$(0.29)
Diluted Loss per Common Share:
Net loss attributable to Company
$(15,589)$(26,928)$(73,489)$(6,065)
Less: Preferred Stock dividends(10,439)(10,474)(20,878)(20,958)
Plus: Gain on repurchase of Preferred Stock— 200 — 342 
Net loss attributable to Company's common stockholders
$(26,028)$(37,202)$(94,367)$(26,681)
Weighted average common shares outstanding
90,989 91,193 91,053 91,254 
Diluted weighted average common shares outstanding
90,989 91,193 91,053 91,254 
Diluted Loss per Common Share
$(0.29)$(0.41)$(1.04)$(0.29)