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Income (Loss) Per Share
 6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
2024202320242023
Net income (loss) attributable to common stockholders - basic and diluted:
Net income (loss) attributable to the Company$(11,565)$(1,846)$4,364 $14,188 
Less: dividends on preferred stock(10,329)(10,877)(20,736)(21,227)
Less: deemed dividends on preferred stock(26)(301)(2,024)(2,755)
Less: dividends on common stock(3,326)(3,291)(6,650)(6,580)
Less: dividends on unvested performance stock units(21)(36)(42)(72)
Less: dividends on unvested restricted shares— (8)— — (17)
Undistributed net income (loss) allocated to common stockholders(25,267)(16,359)(25,088)(16,463)
Add back: dividends on common stock3,326 3,291 6,650 6,580 
Distributed and undistributed net income (loss) - basic and diluted
$(21,941)$(13,068)$(18,438)$(9,883)
Weighted average common shares outstanding:
Weighted average common shares outstanding – basic and diluted
66,501 65,806 66,478 68,378 
Income (loss) per share - basic and diluted:
Net income (loss) allocated to common stockholders per share$(0.33)$(0.20)$(0.28)$(0.14)
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,
2024202320242023
Net income (loss) allocated to common stockholders is not adjusted for:
Income (loss) allocated to unvested restricted shares$— $8 $— $17 
Income (loss) allocated to unvested performance stock units21 36 42 72 
Income (loss) attributable to redeemable noncontrolling interests in operating partnership(1,919)(925)(1,623)(664)
Dividends on preferred stock - Series B1,058 1,058 2,116 2,116 
Interest expense on Convertible Senior Notes1,124 1,117 2,247 2,231 
Dividends on preferred stock - Series E (inclusive of deemed dividends)7,596 8,162 16,997 17,892 
Dividends on preferred stock - Series M (inclusive of deemed dividends)876 1,133 1,997 2,324 
Total$8,756 $10,589 $21,776 $23,988 
Weighted average diluted shares are not adjusted for:
Effect of unvested performance stock units39 340 26 346 
Effect of assumed conversion of operating partnership units6,364 5,172 6,133 5,576 
Effect of assumed conversion of preferred stock - Series B4,116 4,116 4,116 4,116 
Effect of assumed conversion of Convertible Senior Notes15,464 13,609 14,537 13,609 
Effect of assumed conversion of preferred stock - Series E162,180 102,751 182,121 101,478 
Effect of assumed conversion of preferred stock - Series M17,098 12,219 19,719 11,945 
Total205,261 138,207 226,652 137,070