Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Details)

v3.24.2
Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]        
Net income $ 56,336 $ 197,445 $ 259,924 $ 20,637
Dividends on preferred stock (11,784) (12,115) (23,568) (24,480)
Gain on repurchase and retirement of preferred stock 0 2,454 644 2,454
Dividends and undistributed earnings allocated to participating restricted stock units (330) (1,233) (1,704) (668)
Net income (loss) attributable to common stockholders, basic $ 44,222 $ 186,551 $ 235,296 $ (2,057)
Weighted average basic common shares (in shares) 103,555,755 96,387,877 103,478,847 94,492,389
Basic earnings (loss) per weighted average common share $ 0.43 $ 1.94 $ 2.27 $ (0.02)
Reallocation impact of undistributed earnings to participating restricted stock units $ 0 $ 120 $ 27 $ 0
Interest expense attributable to convertible notes 0 4,692 9,198 0
Net income (loss) attributable to common stockholders, diluted $ 44,222 $ 191,363 $ 244,521 $ (2,057)
Effect of dilutive shares issued in an assumed vesting of performance share units (in shares) 355,057 199,753 428,728 0
Effect of dilutive shares issued in an assumed conversion (in shares) 0 9,474,748 9,229,054 0
Weighted average diluted common shares (in shares) 103,910,812 106,062,378 113,136,629 94,492,389
Diluted earnings (loss) per weighted average common share $ 0.43 $ 1.80 $ 2.16 $ (0.02)
Restricted Stock Units (RSUs)        
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]        
Antidilutive securities excluded from computation of earnings per share (in shares) 718,748     650,604
Performance Shares Units        
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]        
Antidilutive securities excluded from computation of earnings per share (in shares)       304,789
Convertible Debt Securities        
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]        
Antidilutive securities excluded from computation of earnings per share (in shares) 9,146,808     9,606,204
Interest expense attributable to antidilutive convertible notes excluded from computation of earnings per share $ 4,600     $ 9,500