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EARNINGS PER SHARE AND EQUITY (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The calculation of basic and diluted EPS is presented below:
Three Months Ended March 31,
(in thousands, except share and per share data)20222021
Net loss $(229,659)$(34,876)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries(7,466)(4,961)
Less: Dividends on preferred shares6,791 4,625 
Net loss attributable to shareholders$(228,984)$(34,540)
Weighted Average Common Shares Outstanding - Basic (1)
99,366,877 86,027,944 
Weighted Average Common Shares Outstanding - Diluted (1)
99,366,877 86,027,944 
Loss per share:
Basic$(2.30)$(0.40)
Diluted$(2.30)$(0.40)
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(1) Three months ended March 31, 2022 and 2021 include participating securities which can be converted into a fixed amount of our shares.