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Income (Loss) Per Share
 12 Months Ended
Dec. 31, 2023
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):
Year Ended December 31,
202320222021
Net income (loss) attributable to common stockholders - basic and diluted:
Net income (loss) attributable to the Company$(27,017)$17,761 $(26,664)
Less: dividends on preferred stock(42,304)(21,503)(8,745)
Less: deemed dividends on preferred stock(4,719)(6,954)— 
Less: dividends on common stock(13,164)(5,598)— 
Less: loss on extinguishment of preferred stock - Series B— — (4,595)
Less: dividends on unvested performance stock units(226)(36)— 
Add: claw back of dividends on cancelled performance stock units— 7 143 
Less: dividends on unvested restricted shares(33)(38)— 
Undistributed net income (loss) allocated to common stockholders(87,463)(16,361)(39,861)
Add back: dividends on common stock13,164 5,598 — 
Distributed and undistributed net income (loss) - basic and diluted
$(74,299)$(10,763)$(39,861)
Weighted average common shares outstanding:
Weighted average common shares outstanding – basic 65,989 69,687 52,684 
Weighted average common shares outstanding – diluted65,989 69,687 52,684 
Income (loss) per share - basic:
Net income (loss) allocated to common stockholders per share$(1.13)$(0.15)$(0.76)
Income (loss) per share - diluted:
Net income (loss) allocated to common stockholders per share$(1.13)$(0.15)$(0.76)
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,
202320222021
Net income (loss) allocated to common stockholders is not adjusted for:
Income (loss) allocated to unvested restricted shares$33 $38 $— 
Income (loss) allocated to unvested performance stock units226 30 — 
Income (loss) attributable to redeemable noncontrolling interests in operating partnership(5,230)(476)(3,597)
Dividends on preferred stock - Series B4,233 4,233 4,747 
Loss on extinguishment of preferred stock - Series B— — 4,595 
Interest expense on Convertible Senior Notes4,470 4,435 3,378 
Dividends on preferred stock - Series E (inclusive of deemed dividends)34,817 18,969 683 
Dividends on preferred stock - Series M (inclusive of deemed dividends)4,673 1,955 15 
Total$43,222 $29,184 $9,821 
Weighted average diluted shares are not adjusted for:
Effect of unvested restricted shares3 39 99 
Effect of unvested performance stock units273 — — 
Effect of assumed conversion of operating partnership units5,487 5,907 4,980 
Effect of assumed conversion of preferred stock - Series B4,116 4,116 4,614 
Effect of assumed conversion of exchanged preferred stock - Series B— — 364 
Effect of contingently issuable shares— 1 — 
Effect of assumed conversion of Convertible Senior Notes13,609 13,609 8,450 
Effect of assumed conversion of preferred stock - Series E126,832 34,730 1,345 
Effect of assumed conversion of preferred stock - Series M14,740 3,366 32 
Total165,060 61,768 19,884