Per Common Share Amounts (Tables)

3 Months Ended

Mar. 31, 2026

The calculation of basic and diluted earnings per common share is as follows (amounts in thousands, except per share data):


	Three Months Ended March 31,
	2026		2025
Numerators:
Net loss	$	(93,021)	$	(45,867)
Income attributable to unvested participating securities	—		(6)
Net loss used in calculating earnings per common share	$	(93,021)	$	(45,873)

Denominators:
Weighted average common shares outstanding - basic and diluted	73,577		69,257



Net loss per common share - basic and diluted	$	(1.26)	$	(0.66)