v3.26.1
Net Income (Loss) Per Common Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share NET INCOME (LOSS) PER COMMON SHARE
The following table sets forth the computation of basic and diluted net income (loss) per common share for the three and six months ended June 30, 2026 and 2025, respectively. Net income (loss) available to common stockholders excludes dividends paid on participating securities which include restricted stock and time-based RSUs. Dividends accrue but are not paid on unvested performance-based RSUs.

Three Months Ended
June 30,
Six Months Ended
June 30,
(In thousands, except per share data)2026202520262025
Net income (loss)$2,364 $(12,557)$4,912 $(10,966)
       Participating securities' share in earnings(786)(770)(1,560)(1,528)
Net income (loss), less participating securities' share in earnings$1,578 $(13,327)$3,352 $(12,494)
Weighted average Common Shares outstanding
Weighted average Common Shares outstanding28,606 28,364 28,582 28,344 
Unvested restricted shares(1,590)(1,561)(1,578)(1,576)
Weighted average Common Shares outstanding –Basic & Diluted27,016 26,803 27,004 26,768 
Net Income (Loss) Per Common Share - Basic & Diluted$0.06 $(0.50)$0.12 $(0.47)