Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2026

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 March 31,
		2026		2025
Numerator:
Net income (loss) attributable to common shareholders		$	(29,701)	$	(43,578)
Less: Dividends paid on unvested share-based compensation		(7)		(9)

Net income (loss) available to common shareholders — basic and diluted		$	(29,708)	$	(43,587)



Denominator:
Weighted-average number of common shares — basic and diluted		113,331,501		119,204,243



Net income (loss) per share available to common shareholders — basic and diluted		$	(0.26)	$	(0.37)