| Schedule of Computation of Basic and Diluted (Loss) Earnings Per Common Share |
The following table presents the computation of basic and diluted (loss) earnings per common share for the periods indicated (dollar and share amounts in thousands, except per share amounts):
| | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended September 30, | | For the Nine Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Basic (Loss) Earnings per Common Share: | | | | | | | | | Net (loss) income attributable to Company | $ | (159,134) | | | $ | 44,820 | | | $ | (55,352) | | | $ | 95,522 | | | Less: Preferred Stock dividends | (11,849) | | | (12,118) | | | (35,311) | | | (36,021) | | | | | | | | | | | Net (loss) income attributable to Company's common stockholders | $ | (170,983) | | | $ | 32,702 | | | $ | (90,663) | | | $ | 59,501 | | Basic weighted average common shares outstanding | 90,275 | | | 90,406 | | | 90,202 | | | 90,437 | | | Basic (Loss) Earnings per Common Share | $ | (1.89) | | | $ | 0.36 | | | $ | (1.01) | | | $ | 0.66 | | | | | | | | | | | Diluted (Loss) Earnings per Common Share: | | | | | | | | | Net (loss) income attributable to Company | $ | (159,134) | | | $ | 44,820 | | | $ | (55,352) | | | $ | 95,522 | | | Less: Preferred Stock dividends | (11,849) | | | (12,118) | | | (35,311) | | | (36,021) | | | | | | | | | | | Net (loss) income attributable to Company's common stockholders | $ | (170,983) | | | $ | 32,702 | | | $ | (90,663) | | | $ | 59,501 | | Weighted average common shares outstanding | 90,275 | | | 90,406 | | | 90,202 | | | 90,437 | | | Net effect of assumed PSUs vested | — | | | 850 | | | — | | | 676 | | Net effect of assumed RSUs and DSUs vested | — | | | 358 | | | — | | | 239 | | Diluted weighted average common shares outstanding | 90,275 | | | 91,614 | | | 90,202 | | | 91,352 | | | Diluted (Loss) Earnings per Common Share | $ | (1.89) | | | $ | 0.36 | | | $ | (1.01) | | | $ | 0.65 | |
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