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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Reconciliation of Amounts Used in Calculating Basic and Diluted Net Income (Loss) Per Share

The following is a reconciliation of the amounts used in calculating basic and diluted net income per common share (in thousands, except share and per share data):


			For the three months ended												For the nine months ended
			September 30,												September 30,
			2022						2021						2022						2021
Numerator:
Net income (loss) attributable to common shareholders			$	10,141					$	(3,307)					$	5,872					$	(9,209)
Dividends paid on unvested shares and units			—						—						—						—

Net income (loss) attributable to common shareholders			$	10,141					$	(3,307)					$	5,872					$	(9,209)
Denominator:
Weighted average number of common shares - basic			48,798,528						48,755,561						48,793,839						48,211,612

Unvested shares and units			274,367						—						229,996						—
Weighted average number of common shares - diluted			49,072,895						48,755,561						49,023,835						48,211,612
Basic income (loss) per common share:
Net income (loss) attributable to common shareholders per weighted average basic common share			$	0.21					$	(0.07)					$	0.12					$	(0.19)
Diluted income (loss) per common share:
Net income (loss) attributable to common shareholders per weighted average diluted common share			$	0.21					$	(0.07)					$	0.12					$	(0.19)