v3.26.3
Net Income (Loss) Per Common Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share NET INCOME (LOSS) PER COMMON SHARE
The following table sets forth the computation of basic and diluted net income (loss) per common share for the three and nine months ended September 30, 2026 and 2025, respectively. Net income (loss) available to common stockholders excludes dividends paid on participating securities which include restricted stock and time-based RSUs. Dividends accrue but are not paid on unvested performance-based RSUs.

Three Months Ended
September 30,
Nine Months Ended
September 30,
(In thousands, except per share data)2026202520262025
Net income (loss)$3,068 $1,640 $7,980 $(9,326)
       Participating securities' share in earnings(564)(750)(2,124)(2,278)
Net income (loss), less participating securities' share in earnings$2,504 $890 $5,856 $(11,604)
Weighted average Common Shares outstanding
Weighted average Common Shares outstanding28,694 28,430 28,619 28,373 
Unvested restricted shares(1,624)(1,496)(1,593)(1,549)
Weighted average Common Shares outstanding –Basic & Diluted27,070 26,934 27,026 26,824 
Net Income (Loss) Per Common Share - Basic & Diluted$0.09 $0.03 $0.22 $(0.43)