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Income (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2024
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,
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)
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,
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