(Loss) Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Computation of Basic and Dilutive Earnings (Loss) Per Share

The following table presents the computation of basic and diluted loss per common share for the periods indicated (dollar and share amounts in thousands, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Basic Loss per Common Share:
Net loss attributable to Company	$	(26,928)	$	(71,896)	$	(6,065)	$	(145,746)
Less: Preferred Stock dividends	(10,474)		(10,493)		(20,958)		(20,986)
Plus: Gain on repurchase of Preferred Stock	200		—		342		—
Net loss attributable to Company's common stockholders	$	(37,202)	$	(82,389)	$	(26,681)	$	(166,732)
Basic weighted average common shares outstanding	91,193		95,300		91,254		95,250
Basic Loss per Common Share	$	(0.41)	$	(0.86)	$	(0.29)	$	(1.75)

Diluted Loss per Common Share:
Net loss attributable to Company	$	(26,928)	$	(71,896)	$	(6,065)	$	(145,746)
Less: Preferred Stock dividends	(10,474)		(10,493)		(20,958)		(20,986)
Plus: Gain on repurchase of Preferred Stock	200		—		342		—
Net loss attributable to Company's common stockholders	$	(37,202)	$	(82,389)	$	(26,681)	$	(166,732)
Weighted average common shares outstanding	91,193		95,300		91,254		95,250


Diluted weighted average common shares outstanding	91,193		95,300		91,254		95,250
Diluted Loss per Common Share	$	(0.41)	$	(0.86)	$	(0.29)	$	(1.75)