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Income (Loss) Per Share (Tables) | 12 Months Ended
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Dec. 31, 2021
Earnings Per Share [Abstract] |
Summary of Amounts Used in Calculating Basic and Diluted Earnings (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):
|  |  | Year Ended December 31,
|  |  |  |  | 2021 |  | 2020 |  | 2019
Net income (loss) attributable to common stockholders - basic and diluted: |  |  |  |  |  |  |  |  |
Net income (loss) attributable to the Company |  |  |  |  | $ | (26,664) |  |  | $ | (105,262) |  |  | $ | 371 |
Less: Dividends on preferred stock |  |  |  |  | (8,745) |  |  | (10,219) |  |  | (10,142) |
Less: Dividends on common stock |  |  |  |  | — |  |  | — |  |  | (24,145) |
Less: Loss on extinguishment of preferred stock - Series B |  |  |  |  | (4,595) |  |  | — |  |  | — |
Less: Dividends on unvested performance stock units |  |  |  |  | — |  |  | — |  |  | (261) |
Add: Claw back of dividends on cancelled performance stock units |  |  |  |  | 143 |  |  | 202 |  |  | — |
Less: Dividends on unvested restricted shares |  |  |  |  | — |  |  | — |  |  | (405) |
Undistributed net income (loss) allocated to common stockholders |  |  |  |  | (39,861) |  |  | (115,279) |  |  | (34,582) |
Add back: Dividends on common stock |  |  |  |  | — |  |  | — |  |  | 24,145 |
Distributed and undistributed net income (loss) - basic and diluted |  |  |  |  | $ | (39,861) |  |  | $ | (115,279) |  |  | $ | (10,437) |
Weighted average common shares outstanding: |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding – basic and diluted |  |  |  |  | 52,684 |  |  | 33,998 |  |  | 32,289 |
Income (loss) per share - basic: |  |  |  |  |  |  |  |  |
Net income (loss) allocated to common stockholders per share |  |  |  |  | $ | (0.76) |  |  | $ | (3.39) |  |  | $ | (0.32) |
Income (loss) per share - diluted: |  |  |  |  |  |  |  |  |
Net income (loss) allocated to common stockholders per share |  |  |  |  | $ | (0.76) |  |  | $ | (3.39) |  |  | $ | (0.32) |
Summary of Computation of Diluted Income Per Share | 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):
|  |  | Year Ended December 31,
|  |  |  |  | 2021 |  | 2020 |  | 2019
Net income (loss) allocated to common stockholders is not adjusted for: |  |  |  |  |  |  |  |  |
Income (loss) allocated to unvested restricted shares |  |  |  |  | $ | — |  |  | $ | — |  |  | $ | 405 |
Income (loss) allocated to unvested performance stock units |  |  |  |  | — |  |  | — |  |  | 261 |
Income (loss) attributable to redeemable noncontrolling interests in operating partnership |  |  |  |  | $ | (3,597) |  |  | $ | (12,979) |  |  | $ | (1,207) |
Dividends on preferred stock - Series B |  |  |  |  | 4,747 |  |  | 6,919 |  |  | 6,842 |
Loss on extinguishment of preferred stock - Series B |  |  |  |  | 4,595 |  |  | — |  |  | — |
Interest expense on Convertible Senior Notes |  |  |  |  | 3,378 |  |  | — |  |  | — |
Dividends on preferred stock - Series E |  |  |  |  | 683 |  |  | — |  |  | — |
Dividends on preferred stock - Series M |  |  |  |  | 15 |  |  | — |  |  | — |
Total |  |  |  |  | $ | 9,821 |  |  | $ | (6,060) |  |  | $ | 6,301 |
Weighted average diluted shares are not adjusted for: |  |  |  |  |  |  |  |  |
Effect of unvested restricted shares |  |  |  |  | 99 |  |  | 22 |  |  | 51 |
Effect of unvested performance stock units |  |  |  |  | — |  |  | — |  |  | 193 |
Effect of assumed conversion of operating partnership units |  |  |  |  | 4,980 |  |  | 3,923 |  |  | 4,219 |
Effect of assumed conversion of preferred stock - Series B |  |  |  |  | 4,614 |  |  | 6,728 |  |  | 6,581 |
Effect of assumed conversion of exchanged preferred stock - Series B |  |  |  |  | 364 |  |  | — |  |  | — |
Effect of assumed conversion of Convertible Senior Notes |  |  |  |  | 8,450 |  |  | — |  |  | — |
Effect of assumed conversion of preferred stock - Series E |  |  |  |  | 1,345 |  |  | — |  |  | — |
Effect of assumed conversion of preferred stock - Series M |  |  |  |  | 32 |  |  | — |  |  | — |
Total |  |  |  |  | 19,884 |  |  | 10,673 |  |  | 11,044 |

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