| Schedule of Earnings Per Share Basic and Diluted |
The following table represents net (loss) income per common share – basic and diluted (in thousands, except income
(loss) per share):
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
|
|
2026 |
|
|
2025 |
|
Numerator |
|
|
|
|
|
|
Income from continuing operations |
|
$ |
164,653 |
|
|
$ |
25,672 |
|
Loss from discontinued operations |
|
|
(183,681 |
) |
|
|
3,200 |
|
Preferred stock dividends |
|
|
(132 |
) |
|
|
(138 |
) |
Net (loss) income applicable to common stockholders |
|
$ |
(19,160 |
) |
|
$ |
28,734 |
|
|
|
|
|
|
|
|
Denominator |
|
|
|
|
|
|
Basic weighted average common shares |
|
|
670,392 |
|
|
|
632,047 |
|
Dilutive units |
|
|
4,762 |
|
|
|
2,661 |
|
Diluted weighted average common shares |
|
|
675,154 |
|
|
|
634,708 |
|
|
|
|
|
|
|
|
Basic income (loss) per share: |
|
|
|
|
|
|
Income from continuing operations |
|
$ |
0.25 |
|
|
$ |
0.04 |
|
(Loss) income from discontinued operations |
|
|
(0.28 |
) |
|
|
0.01 |
|
Basic (loss) earnings per common share after preferred dividends |
|
$ |
(0.03 |
) |
|
$ |
0.05 |
|
|
|
|
|
|
|
|
Diluted income (loss) per share: |
|
|
|
|
|
|
Income from continuing operations |
|
$ |
0.24 |
|
|
$ |
0.04 |
|
(Loss) income from discontinued operations |
|
|
(0.27 |
) |
|
|
0.01 |
|
Diluted (loss) earnings per common share after preferred dividends |
|
$ |
(0.03 |
) |
|
$ |
0.05 |
|
|
The following table represents net income (loss) per common share – basic and diluted (in thousands, except income (loss) per share):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31, |
|
|
|
2025 |
|
|
2024 |
|
|
2023 |
|
|
|
|
|
|
|
|
|
|
|
Numerator |
|
|
|
|
|
|
|
|
|
Income (loss) from continuing operations |
|
$ |
258,059 |
|
|
$ |
50,235 |
|
|
$ |
(40,247 |
) |
Income (loss) from discontinued operations |
|
|
63,653 |
|
|
|
(14,433 |
) |
|
|
(43,970 |
) |
Preferred stock dividends |
|
|
(552 |
) |
|
|
(552 |
) |
|
|
(552 |
) |
Net income (loss) applicable to common stockholders |
|
$ |
321,160 |
|
|
$ |
35,250 |
|
|
$ |
(84,769 |
) |
|
|
|
|
|
|
|
|
|
|
Denominator |
|
|
|
|
|
|
|
|
|
Basic weighted average common shares |
|
|
651,965 |
|
|
|
620,848 |
|
|
|
605,668 |
|
Dilutive units |
|
|
3,803 |
|
|
|
1,687 |
|
|
|
— |
|
Diluted weighted average common shares |
|
|
655,768 |
|
|
|
622,535 |
|
|
|
605,668 |
|
|
|
|
|
|
|
|
|
|
|
Basic income (loss) per share: |
|
|
|
|
|
|
|
|
|
Income from continuing operations after preferred dividends |
|
$ |
0.39 |
|
|
$ |
0.08 |
|
|
$ |
(0.07 |
) |
Income (loss) from discontinued operations |
|
|
0.10 |
|
|
|
(0.02 |
) |
|
|
(0.07 |
) |
Basic net income (loss) per common share after preferred dividends |
|
$ |
0.49 |
|
|
$ |
0.06 |
|
|
$ |
(0.14 |
) |
|
|
|
|
|
|
|
|
|
|
Diluted income (loss) per share: |
|
|
|
|
|
|
|
|
|
Income from continuing operations after preferred dividends |
|
$ |
0.39 |
|
|
$ |
0.08 |
|
|
$ |
(0.07 |
) |
Income (loss) from discontinued operations |
|
|
0.10 |
|
|
|
(0.02 |
) |
|
|
(0.07 |
) |
Diluted net income (loss) per common share after preferred dividends |
|
$ |
0.49 |
|
|
$ |
0.06 |
|
|
$ |
(0.14 |
) |
|