v3.26.1
EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following is a summary of the components used to calculate basic and diluted earnings per share (in thousands, except per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Numerator:
Net income$9,735 $2,037 $3,822 $2,660 
Adjusted for:
Distributions to and accretion of redeemable non-controlling interests(657)(657)(1,314)(1,314)
Preferred dividends(3,968)(3,968)(7,938)(7,938)
(Income) loss attributable to non-controlling interests in joint ventures(776)769 (1,944)(514)
Dividends paid on unvested time-based restricted stock(141)(117)(251)(210)
Allocation of (income) loss to Common Units
(467)210 800 782 
Numerator for income (loss) per common stockholder - basic and diluted$3,726 $(1,726)$(6,825)$(6,534)
Denominator:
Weighted average common shares outstanding - basic104,768 107,633 105,241 107,820 
Adjusted for:
Dilutive effect of equity-based compensation awards1,413 — — — 
Weighted average common shares outstanding - diluted106,181 107,633 105,241 107,820 
Net income (loss) per share available to common stockholders:
Basic$0.04 $(0.02)$(0.06)$(0.06)
Diluted$0.04 $(0.02)$(0.06)$(0.06)