| Schedule of Computation of Basic and Diluted Earnings (Loss) Per Common Share |
The following table presents the computation of basic and diluted earnings (loss) 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, | | 2025 | | 2024 | | 2025 | | 2024 | Basic Earnings (Loss) per Common Share: | | | | | | | | Net income (loss) attributable to Company | $ | 44,820 | | | $ | 42,849 | | | $ | 95,522 | | | $ | (30,640) | | | Less: Preferred Stock dividends | (12,118) | | | (10,439) | | | (36,021) | | | (31,317) | | | | | | | | | | Net income (loss) attributable to Company's common stockholders | $ | 32,702 | | | $ | 32,410 | | | $ | 59,501 | | | $ | (61,957) | | Basic weighted average common shares outstanding | 90,406 | | | 90,582 | | | 90,437 | | | 90,895 | | Basic Earnings (Loss) per Common Share | $ | 0.36 | | | $ | 0.36 | | | $ | 0.66 | | | $ | (0.68) | | | | | | | | | | Diluted Earnings (Loss) per Common Share: | | | | | | | | Net income (loss) attributable to Company | $ | 44,820 | | | $ | 42,849 | | | $ | 95,522 | | | $ | (30,640) | | | Less: Preferred Stock dividends | (12,118) | | | (10,439) | | | (36,021) | | | (31,317) | | | | | | | | | | Net income (loss) attributable to Company's common stockholders | $ | 32,702 | | | $ | 32,410 | | | $ | 59,501 | | | $ | (61,957) | | Weighted average common shares outstanding | 90,406 | | | 90,582 | | | 90,437 | | | 90,895 | | | Net effect of assumed PSUs vested | 850 | | | — | | | 676 | | | — | | Net effect of assumed RSUs and DSUs vested | 358 | | | 4 | | | 239 | | | — | | Diluted weighted average common shares outstanding | 91,614 | | | 90,586 | | | 91,352 | | | 90,895 | | Diluted Earnings (Loss) per Common Share | $ | 0.36 | | | $ | 0.36 | | | $ | 0.65 | | | $ | (0.68) | |
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