Net Loss Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following is a summary of the basic and diluted net loss per share computation for the periods presented and has been retroactively adjusted to reflect the Reverse Stock Split (see Note 1 — Organization for additional details):

	Year Ended December 31,
(In thousands, except share and per share data)	2022		2021		2020
Net loss and Net loss attributable to common stockholders	$	(45,896)	$	(39,466)	$	(40,962)
Adjustments to net loss attributable to common     stockholders	(80)		(160)		—
Adjusted net loss and net loss attributable to common stockholders	$	(45,976)	$	(39,626)	$	(40,962)
Basic and diluted weighted average shares outstanding	1,729,264		1,622,896		1,595,923
Basic and diluted net loss per share	$	(26.59)	$	(24.42)	$	(25.67)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table shows common share equivalents on a weighted average basis that were excluded from the calculation of diluted earnings per share as their effect would have been antidilutive for the periods presented and has been retroactively adjusted to reflect the Reverse Stock Split (see Note 1 — Organization for additional details).

	Year Ended December 31,
	2022	2021	2020
Unvested restricted shares (1)	13,691	2,216	701
Class A Units (2)	—	660	611
Class B Units (3)	—	—	5,145
LTIP Units (4)	501,605	501,605	127,457
Total weighted-average anti-dilutive common share equivalents	515,296	504,481	133,914

(1) There were 18,134, 3,147, and 690 unvested restricted shares (adjusted for the Reverse Stock Split) outstanding as of December 31, 2022, 2021 and 2020, respectively.

(2) Formerly known as OP Units. As of December 31, 2022 and 2021 there were no Class A Units outstanding. There were 1,638 Class A Units (adjusted for the Reverse Stock Split) outstanding as of December 31, 2020.

(3) There were no Class B Units outstanding as of December 31, 2022, 2021 or 2020 due to their vesting and conversion on the Listing Date (see Note 7 — Stockholders’ Equity, for additional information).

(4) There were 501,605 LTIP Units outstanding (adjusted for the Reverse Stock Split) as of December 31, 2022, 2021 and 2020 (see Note 11 — Equity-Based Compensation for additional information).