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Income (Loss) Per Share
 6 Months Ended
Jun. 30, 2022
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,
2022202120222021
Net income (loss) attributable to common stockholders - basic and diluted:
Net income (loss) attributable to the Company$14,366 $(9,233)$29,029 $(17,941)
Less: Dividends on preferred stock(4,064)(1,893)(7,367)(4,281)
Less: Dividends on common stock(707)— (1,414)— 
Less: Loss on extinguishment of preferred stock - Series B— (4,411)— (4,484)
Less: Dividends on unvested performance stock units(7)— (14)— 
Less: Dividends on unvested restricted shares(6)— (12)— 
Less: Net (income) loss allocated to performance stock units(95)— (207)— 
Less: Net (income) loss allocated to unvested restricted shares(74)— (161)— 
Undistributed net income (loss) allocated to common stockholders9,413 (15,537)$19,854 $(26,706)
Add back: Dividends on common stock707 — 1,414 — 
Distributed and undistributed net income (loss) - basic$10,120 $(15,537)$21,268 $(26,706)
Interest expense on Convertible Senior Notes1,108 — 2,211 — 
Dividends on preferred stock - Series E2,053 — 3,452 — 
Dividends on preferred stock - Series M$128 $— $149 $— 
Distributed and undistributed net income (loss) - diluted$13,409 $(15,537)$27,080 $(26,706)
Weighted average common shares outstanding:
Weighted average common shares outstanding – basic70,740 47,820 68,325 43,737 
Effect of assumed exercise of warrants— — 1 — 
Effect of assumed conversion of Convertible Senior Notes13,610 — 13,610 — 
Effect of assumed conversion of preferred stock - Series E22,207 — 16,232 — 
Effect of assumed conversion of preferred stock - Series M1,112 — 630 — 
Weighted average common shares outstanding – diluted107,669 47,820 98,798 43,737 
Income (loss) per share - basic:
Net income (loss) allocated to common stockholders per share$0.14 $(0.32)$0.31 $(0.61)
Income (loss) per share - diluted:
Net income (loss) allocated to common stockholders per share$0.12 $(0.32)$0.27 $(0.61)
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,
2022202120222021
Net income (loss) allocated to common stockholders is not adjusted for:
Income (loss) allocated to unvested restricted shares$80 $— $173 $— 
Income (loss) allocated to unvested performance stock units102 — 221 — 
Income (loss) attributable to redeemable noncontrolling interests in operating partnership846 (1,282)1,813 (2,361)
Dividends on preferred stock - Series B1,058 1,068 2,116 2,631 
Loss on extinguishment of preferred stock - Series B— 4,411 — 4,484 
Interest expense on Convertible Senior Notes— 649 — 649 
Total$2,086 $4,846 $4,323 $5,403 
Weighted average diluted shares are not adjusted for:
Effect of unvested restricted shares34 129 25 106 
Effect of unvested performance stock units— — 1 — 
Effect of assumed conversion of operating partnership units5,868 4,059 5,862 4,033 
Effect of assumed conversion of preferred stock - Series B4,116 4,156 4,116 5,113 
Effect of assumed conversion of exchanged preferred stock - Series B— 905 — 728 
Effect of assumed conversion of Convertible Senior Notes— 6,580 — 3,290 
Total10,018 15,829 10,004 13,270