| Schedule of Earnings Per Share Reconciliation |
The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for the three and six months ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | BASIC | | | | | | | | | Net income (loss) attributable to common shareholders | $ | (1,630) | | | $ | 27,450 | | | $ | (3,572) | | | $ | 44,729 | | | Weighted-average number of common shares outstanding - basic | 58,094,324 | | | 58,374,448 | | | 58,128,487 | | | 58,357,922 | | | | | | | | | | | Net income (loss) attributable to common shareholders - per common share basic | $ | (0.03) | | | $ | 0.47 | | | $ | (0.06) | | | $ | 0.77 | | | | | | | | | | | DILUTED | | | | | | | | | Net income (loss) attributable to common shareholders - basic | $ | (1,630) | | | $ | 27,450 | | | $ | (3,572) | | | $ | 44,729 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted-average common shares outstanding - basic | 58,094,324 | | | 58,374,448 | | | 58,128,487 | | | 58,357,922 | | | Effect of dilutive securities: | | | | | | | | | | | | | | | | | Unvested share-based payment awards | — | | | 67,185 | | | — | | | 92,814 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted-average common shares outstanding - diluted | 58,094,324 | | | 58,441,633 | | | 58,128,487 | | | 58,450,736 | | | | | | | | | | | Net income (loss) attributable to common shareholders - per common share diluted | $ | (0.03) | | | $ | 0.47 | | | $ | (0.06) | | | $ | 0.77 | | | | | | | | | | | | | | | | | |
|
| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
The following table summarizes the potentially dilutive shares excluded from the dilutive earnings per share calculation as the inclusion of such shares would be anti-dilutive: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | Unvested participating securities | 8,807 | | | — | | | 8,411 | | | 1,203 | | | Nonvested participating shares | 272,160 | | | — | | | 237,173 | | | — | | Preferred shares - Series C | 942,106 | | | 942,114 | | | 942,110 | | | 942,114 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|