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Earnings (Loss) Per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
The reconciliation of basic and diluted earnings per share for each period presented was as follows (dollars and shares in thousands, except per share amounts):
Year ended December 31,
20242023
Net loss attributable to common stockholders$(135,326)$(18,876)
Basic - weighted average shares outstanding12,299 10,212 
Dilutive effect of stock options and restricted stock— — 
Dilutive effect of convertible 2025 Notes— — 
Diluted - weighted average shares outstanding12,299 10,212 
Earnings (loss) per share
Basic$(11.00)$(1.85)
Diluted$(11.00)$(1.85)
For the years ended December 31, 2024 and 2023, we excluded all potentially dilutive restricted shares and stock options in calculating diluted earnings per share as the effect was anti-dilutive due to net losses incurred for the period. Diluted earnings per share was calculated using treasury stock method for the restricted shares and stock options.