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Income (Loss) Per Share
 3 Months Ended
Mar. 31, 2024
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 March 31,
20242023
Net income (loss) attributable to common stockholders - basic and diluted:
Net income (loss) attributable to the Company$15,929 $16,034 
Less: dividends on preferred stock(10,407)(10,350)
Less: deemed dividends on preferred stock(1,998)(2,454)
Less: dividends on common stock(3,324)(3,289)
Less: dividends on unvested performance stock units(21)(36)
Less: dividends on unvested restricted shares— (9)
Less: net (income) loss allocated to performance stock units(2)— 
Undistributed net income (loss) allocated to common stockholders177 (104)
Add back: dividends on common stock3,324 3,289 
Distributed and undistributed net income (loss) - basic
$3,501 $3,185 
Income (loss) attributable to redeemable noncontrolling interest in operating partnership— 261 
Dividends on preferred stock - Series E (inclusive of deemed dividends)9,401 — 
Distributed and undistributed net income (loss) - diluted$12,902 $3,446 
Weighted average common shares outstanding:
Weighted average common shares outstanding – basic 66,455 66,498 
Effect of assumed conversion of operating partnership units— 5,980 
Effect of assumed conversion of preferred stock - Series E202,061 — 
Weighted average common shares outstanding – diluted268,516 72,478 
Income (loss) per share - basic:
Net income (loss) allocated to common stockholders per share$0.05 $0.05 
Income (loss) per share - diluted:
Net income (loss) allocated to common stockholders per share$0.05 $0.05 
Due to their anti-dilutive effect, the computation of diluted income (loss) per share does not reflect the adjustments for the following items (in thousands):
Three Months Ended March 31,
20242023
Net income (loss) allocated to common stockholders is not adjusted for:
Income (loss) allocated to unvested restricted shares$— $9 
Income (loss) allocated to unvested performance stock units23 36 
Income (loss) attributable to redeemable noncontrolling interests in operating partnership296 — 
Dividends on preferred stock - Series B1,058 1,058 
Interest expense on Convertible Senior Notes1,123 1,114 
Dividends on preferred stock - Series E (inclusive of deemed dividends)— 9,730 
Dividends on preferred stock - Series M (inclusive of deemed dividends)1,121 1,191 
Total$3,621 $13,138 
Weighted average diluted shares are not adjusted for:
Effect of unvested performance stock units13 353 
Effect of assumed conversion of operating partnership units5,902 — 
Effect of assumed conversion of preferred stock - Series B4,116 4,116 
Effect of assumed conversion of Convertible Senior Notes13,609 13,609 
Effect of assumed conversion of preferred stock - Series E— 100,205 
Effect of assumed conversion of preferred stock - Series M22,340 11,671 
Total45,980 129,954