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Income (Loss) Per Share
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Income (Loss) Per Share Income (Loss) Per Share
The following table reconciles the amounts used in calculating basic and diluted income (loss) per share (in thousands, except per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Net income (loss) attributable to common stockholders - basic and diluted:
Net income (loss) attributable to the Company$(9,233)$(47,931)$(17,941)$(60,861)
Less: Dividends on preferred stock(1,893)(2,555)(4,281)(5,110)
Less: Loss on extinguishment of preferred stock - Series B(4,411)— (4,484)— 
Undistributed net income (loss) allocated to common stockholders(15,537)(50,486)(26,706)(65,971)
Distributed and undistributed net income (loss) - basic and diluted$(15,537)$(50,486)$(26,706)$(65,971)
Weighted average common shares outstanding:
Weighted average common shares outstanding – basic and diluted47,820 32,907 43,737 32,688 
Income (loss) per share - basic:
Net income (loss) allocated to common stockholders per share$(0.32)$(1.53)$(0.61)$(2.02)
Income (loss) per share - diluted:
Net income (loss) allocated to common stockholders per share$(0.32)$(1.53)$(0.61)$(2.02)
Due to their anti-dilutive effect, the computation of diluted income (loss) per share does not reflect the adjustments for the following items (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Net income (loss) allocated to common stockholders is not adjusted for:
Income (loss) attributable to redeemable noncontrolling interests in operating partnership$(1,282)$(5,770)$(2,361)$(7,655)
Dividends on preferred stock - Series B1,068 1,730 2,631 3,460 
Loss on extinguishment of preferred stock - Series B4,411 — 4,484 — 
Interest expense on Convertible Senior Notes649 — 649 — 
Total$4,846 $(4,040)$5,403 $(4,195)
Weighted average diluted shares are not adjusted for:
Effect of unvested restricted shares129 — 106 38 
Effect of assumed conversion of operating partnership units4,059 3,845 4,033 3,979 
Effect of assumed conversion of preferred stock - Series B4,156 6,728 5,113 6,728 
Effect of assumed conversion of exchanged preferred stock - Series B905 236 728 298 
Effect of assumed conversion of Convertible Senior Notes6,580 — 3,290 — 
Total15,829 10,809 13,270 11,043