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Net Income (Loss) Per Share/Unit | 9 Months Ended
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Jun. 30, 2021
Earnings Per Share [Abstract] |
Net Income (Loss) Per Share/Unit | Net Income (Loss) Per Share/UnitNet income (loss) per share/unit is calculated using a retroactive application of the Exchange Ratio and the 1-for-12 reverse stock split. Certain restricted shares of the Company met the criteria of a participating security. The Company calculated net income or loss per share/unit using the two-class method. The table below sets forth the computation of basic and diluted net income (loss) per share/unit for the three and nine months ended June 30, 2021 and 2020:
|  |  |  | Three Months Ended June 30, |  | Nine Months Ended June 30,
|  |  |  |  |  | 2021 |  | 2020 |  | 2021 |  | 2020
|  |  |  |  |  | (In thousands, except per share/unit)
Continuing Operations: |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) - Diluted |  |  |  |  |  | $ | (20,534) |  |  | $ | (27,984) |  |  | $ | (61,747) |  |  | $ | 40,228 |
Less: Dividends on preferred units |  |  |  |  |  | — |  |  | (890) |  |  | (1,491) |  |  | (2,631) |
Net income (loss) attributable to common shareholders/unitholders - Basic |  |  |  |  |  | $ | (20,534) |  |  | $ | (28,874) |  |  | $ | (63,238) |  |  | $ | 37,597 |
Basic weighted-average common shares/units outstanding |  |  |  |  |  | 17,786 |  |  | 12,469 |  |  | 14,872 |  |  | 12,454 |
Effecting of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Series A preferred units |  |  |  |  |  | — |  |  | — |  |  | — |  |  | 3,969 |
Restricted units |  |  |  |  |  | — |  |  | — |  |  | — |  |  | 148 |
Diluted weighted-average common shares/units outstanding |  |  |  |  |  | 17,786 |  |  | 12,469 |  |  | 14,872 |  |  | 16,571 |
Continuing Operations: |  |  |  |  |  |  |  |  |  |  |  |
Basic net income (loss) per common share/unit |  |  |  |  |  | $ | (1.15) |  |  | $ | (2.32) |  |  | $ | (4.25) |  |  | $ | 3.02 |
Diluted net income (loss) per common unit |  |  |  |  |  | $ | (1.15) |  |  | $ | (2.32) |  |  | $ | (4.25) |  |  | $ | 2.43 |
For the three and nine months ended June 30, 2021 and 2020, the following shares/units were excluded from the calculation of diluted net income (loss) per share/unit due to their anti-dilutive effect:
|  | Three Months Ended June 30, |  | Nine Months Ended June 30,
|  | 2021 |  | 2020 |  | 2021 |  | 2020
|  | (In thousands)
Series A preferred units |  | — |  |  | 4,029 |  |  | — |  |  | — |
Restricted units |  | — |  |  | 205 |  |  | — |  |  | 57 |
Restricted shares |  | 236 |  |  | — |  |  | 236 |  |  | — |

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