| Schedule of Earnings Per Share, Basic and Diluted |
The following table details the number of shares and net income used to calculate basic and diluted earnings per share (in thousands, except share and per share amounts; results may not add due to rounding): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | 2026 | | 2025 | | Basic | | Diluted | | Basic | | Diluted | | Numerator | | | | | | | | | Net loss | $ | (22,142) | | | $ | (22,142) | | | $ | (25,998) | | | $ | (25,998) | | | Net loss attributable to noncontrolling interests | 108 | | | 108 | | | 79 | | | 79 | | | Nonforfeitable dividends allocated to unvested restricted shareholders | (228) | | | (228) | | | (313) | | | (313) | | | | | | | | | | | | | | | | | | | Net loss attributable to common shareholders | $ | (22,262) | | | $ | (22,262) | | | $ | (26,232) | | | $ | (26,232) | | | Denominator | | | | | | | | | Weighted-average shares outstanding | 172,010,229 | | | 172,010,229 | | | 173,699,312 | | | 173,699,312 | | | | | | | | | | | Weighted-average shares outstanding | 172,010,229 | | | 172,010,229 | | | 173,699,312 | | | 173,699,312 | | | Loss per Common Share: | | | | | | | | | Net loss attributable to common shareholders | $ | (0.13) | | | $ | (0.13) | | | $ | (0.15) | | | $ | (0.15) | |
| | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, | | 2026 | | 2025 | | Basic | | Diluted | | Basic | | Diluted | | Numerator | | | | | | | | | Net loss | $ | (102,481) | | | $ | (102,481) | | | $ | (141,990) | | | $ | (141,990) | | | Net loss attributable to noncontrolling interests | 446 | | | 446 | | | 427 | | | 427 | | | Nonforfeitable dividends allocated to unvested restricted shareholders | (794) | | | (794) | | | (1,064) | | | (1,064) | | | | | | | | | | | | | | | | | | | Net loss attributable to common shareholders | $ | (102,829) | | | $ | (102,829) | | | $ | (142,627) | | | $ | (142,627) | | | Denominator | | | | | | | | | Weighted-average shares outstanding | 173,377,458 | | | 173,377,458 | | | 173,385,330 | | | 173,385,330 | | | | | | | | | | | Weighted-average shares outstanding | 173,377,458 | | | 173,377,458 | | | 173,385,330 | | | 173,385,330 | | | Loss per Common Share: | | | | | | | | | Net loss attributable to common shareholders | $ | (0.59) | | | $ | (0.59) | | | $ | (0.82) | | | $ | (0.82) | |
The following table details the number of units and net income used to calculate basic and diluted earnings per common partnership unit (in thousands, except unit and per unit amounts; results may not add due to rounding): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | 2026 | | 2025 | | Basic | | Diluted | | Basic | | Diluted | | Numerator | | | | | | | | | Net loss | $ | (22,142) | | | $ | (22,142) | | | $ | (25,998) | | | $ | (25,998) | | | Net loss attributable to noncontrolling interests | 35 | | | 35 | | | 1 | | | 1 | | | Nonforfeitable dividends allocated to unvested restricted unitholders | (228) | | | (228) | | | (313) | | | (313) | | | | | | | | | | | | | | | | | | | Net loss attributable to common unitholders | $ | (22,335) | | | $ | (22,335) | | | $ | (26,310) | | | $ | (26,310) | | | Denominator | | | | | | | | | | | | | | | | | | | | | | | | | Total weighted-average units outstanding | 172,525,823 | | | 172,525,823 | | | 174,214,907 | | | 174,214,907 | | | Loss per Common Partnership Unit: | | | | | | | | | Net loss attributable to common unitholders | $ | (0.13) | | | $ | (0.13) | | | $ | (0.15) | | | $ | (0.15) | |
| | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, | | 2026 | | 2025 | | Basic | | Diluted | | Basic | | Diluted | | Numerator | | | | | | | | | Net loss | $ | (102,481) | | | $ | (102,481) | | | $ | (141,990) | | | $ | (141,990) | | | Net loss attributable to noncontrolling interests | 132 | | | 132 | | | 1 | | | 1 | | | Nonforfeitable dividends allocated to unvested restricted unitholders | (794) | | | (794) | | | (1,064) | | | (1,064) | | | | | | | | | | | | | | | | | | | Net loss attributable to common unitholders | $ | (103,143) | | | $ | (103,143) | | | $ | (143,053) | | | $ | (143,053) | | | Denominator | | | | | | | | | | | | | | | | | | | | | | | | | Total weighted-average units outstanding | 173,893,052 | | | 173,893,052 | | | 173,900,925 | | | 173,900,925 | | | Loss per Common Partnership Unit: | | | | | | | | | Net loss attributable to common unitholders | $ | (0.59) | | | $ | (0.59) | | | $ | (0.82) | | | $ | (0.82) | |
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