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Net Income (Loss) Per Share/Unit | 6 Months Ended
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Mar. 31, 2022
Earnings Per Share [Abstract] |
Net Income (Loss) Per Share/Unit | Net Income (Loss) Per Share/Unit Net income (loss) per share/unit is calculated using a retroactive application of the Exchange Ratio and the one-for-twelve reverse stock split that occurred in conjunction with the Merger. 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 for those shares. The table below sets forth the computation of basic and diluted net income (loss) per share/unit for the three and six months ended March 31, 2022 and 2021:
|  |  | Three Months Ended March 31, |  | Six Months Ended March 31,
|  |  |  |  | 2022 |  | 2021 |  | 2022 |  | 2021
|  |  |  |  | (In thousands, except per share/unit)
Continuing Operations: |  |  |  |  |  |  |  |  |  |  |
Net income (loss) - Diluted |  |  |  |  | $ | (7,168) |  |  | $ | (33,272) |  |  | $ | 14,230 |  |  | $ | (41,213) |
Less: Dividends on preferred units |  |  |  |  | — |  |  | (574) |  |  | — |  |  | (1,491) |
Net income (loss) attributable to common shareholders/unitholders - Basic(1) |  |  |  |  | $ | (7,168) |  |  | $ | (33,846) |  |  | $ | 14,230 |  |  | $ | (42,704) |
Basic weighted-average common shares/units outstanding |  |  |  |  | 19,501 |  |  | 14,542 |  |  | 19,485 |  |  | 13,575 |
Effecting of dilutive securities: |  |  |  |  |  |  |  |  |  |  |
Restricted shares/units |  |  |  |  | — |  |  | — |  |  | 99 |  |  | — |
Diluted weighted-average common shares/units outstanding |  |  |  |  | 19,501 |  |  | 14,542 |  |  | 19,584 |  |  | 13,575 |
Continuing Operations: |  |  |  |  |  |  |  |  |  |  |
Basic net income (loss) per common share/unit |  |  |  |  | $ | (0.37) |  |  | $ | (2.33) |  |  | $ | 0.73 |  |  | $ | (3.15) |
Diluted net income (loss) per common share/unit |  |  |  |  | $ | (0.37) |  |  | $ | (2.33) |  |  | $ | 0.73 |  |  | $ | (3.15) |
_____________________________________________________ (1) Used in basic and diluted net loss per share calculation when the Company is in a net loss position. For the three and six months ended March 31, 2022 and 2021, 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 March 31, |  | Six Months Ended March 31,
| 2022 |  | 2021 |  | 2022 |  | 2021
Restricted shares/units | 332,725 |  |  | 103,276 |  |  | 233,717 |  |  | 70,764 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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