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Income (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2022
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):
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)
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):
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