The following is a reconciliation of basic and diluted earnings (loss) per common share (in thousands, except share and per-share data):


	For the three months ended September 30,				For the nine months ended September 30,
	2026		2025		2026		2025
Numerator:
Net income (loss) attributable to common shareholders	$	(63,081)	$	(43,366)	$	(72,123)	$	(79,520)
Less: Dividends paid on unvested share-based compensation	(7)		(9)		(22)		(26)

Net income (loss) available to common shareholders — basic and diluted	$	(63,088)	$	(43,375)	$	(72,145)	$	(79,546)



Denominator:
Weighted-average number of common shares — basic and diluted	112,170,743		117,555,628		112,743,575		118,304,722



Net income (loss) per share available to common shareholders — basic and diluted	$	(0.56)	$	(0.37)	$	(0.64)	$	(0.67)