(in thousands, except per share data)

Three months ended September 30,

Nine months ended September 30,

2023

2022

2023

2022

Numerator:

(Loss) income from continuing operations

$

(797

)

$

38,943

$

25,158

$

31,793

(Less) plus: net (income) loss from continuing operations attributable to noncontrolling interests

(351

)

1,191

(121

)

1,084

Less: dividends on preferred stock

—

(77

)

(74

)

(234

)

Numerator used in calculating basic (loss) earnings per share from continuing operations attributable to common shareholders

$

(1,148

)

$

40,057

$

24,963

$

32,643

Adjustment to add-back dividends on preferred stock

—

77

74

234

Adjustment for proportionate interest in Ravix, SNS and SPI's earnings attributable to common stock

—

(23

)

(77

)

51

Numerator used in calculating diluted (loss) earnings per share from continuing operations attributable to common shareholders

$

(1,148

)

$

40,111

$

24,960

$

32,928

Income (loss) from discontinued operations

122

(1,670

)

339

611

Less: net income from discontinued operations attributable to noncontrolling interests

—

(124

)

—

(469

)

Numerator used in calculating diluted (loss) earnings per share - net (loss) income attributable to common shareholders

$

(1,026

)

$

38,317

$

25,299

$

33,070

Denominator:

Weighted-average basic shares

Weighted-average common shares outstanding

26,239

22,960

25,206

22,909

Weighted-average diluted shares

Weighted-average common shares outstanding

26,239

22,960

25,206

22,909

Effect of potentially dilutive securities (a)

Unvested restricted stock awards

—

641

735

560

Warrants

—

1,179

—

650

Convertible preferred stock

—

936

—

936

Total weighted-average diluted shares

26,239

25,716

25,941

25,055

Basic (loss) earnings attributable to common shareholders:

Continuing operations

$

(0.04

)

$

1.75

$

0.99

$

1.42

Discontinued operations

$

—

$

(0.08

)

$

0.01

$

0.01

Basic (loss) earnings per share - net (loss) income attributable to common shareholders:

$

(0.04

)

$

1.67

$

1.00

$

1.43

Diluted (loss) earnings attributable to common shareholders:

Continuing operations

$

(0.04

)

$

1.56

$

0.96

$

1.31

Discontinued operations

$

—

$

(0.07

)

$

0.01

$

0.01

Diluted (loss) earnings per share - net (loss) income attributable to common shareholders

$

(0.04

)

$

1.49

$

0.97

$

1.32