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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three and nine months ended September 30, 2021 and 2020, respectively:

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(80,883,000

)

 

$

1,404,000

 

 

$

(28,166,000

)

 

$

(6,703,000

)

Preferred stock dividends

 

 

(2,688,000

)

 

 

(2,688,000

)

 

 

(8,064,000

)

 

 

(8,064,000

)

Net loss (income) attributable to noncontrolling interests

 

 

367,000

 

 

 

(137,000

)

 

 

(183,000

)

 

 

(373,000

)

Net earnings allocated to unvested shares

 

 

(29,000

)

 

 

(28,000

)

 

 

(92,000

)

 

 

(210,000

)

Net loss attributable to vested common shares

 

$

(83,233,000

)

 

$

(1,449,000

)

 

$

(36,505,000

)

 

$

(15,350,000

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of vested common shares outstanding, basic and diluted

 

 

13,252,000

 

 

 

13,110,000

 

 

 

13,191,000

 

 

 

13,101,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per common share attributable to common shareholders, basic and diluted

 

$

(6.28

)

 

$

(0.11

)

 

$

(2.77

)

 

$

(1.17

)