Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share - Earnings and Shares Basic and Diluted (Loss) Earnings Per Share (Details)

v3.24.3
Earnings Per Share - Earnings and Shares Basic and Diluted (Loss) Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Basic (Loss) Earnings Per Share:        
Net (loss) income $ (238,485) $ 306,192 $ 21,439 $ 326,829
Dividends on preferred stock (11,784) (12,115) (35,352) (36,595)
Gain on repurchase and retirement of preferred stock 0 0 644 2,454
Dividends and undistributed earnings allocated to participating restricted stock units (303) (1,895) (940) (1,936)
Net (loss) income attributable to common stockholders $ (250,572) $ 292,182 $ (14,209) $ 290,752
Basic weighted average common shares (in shares) 103,635,455 96,176,287 103,531,431 95,059,856
Basic (loss) earnings per weighted average common share (in dollars per share) $ (2.42) $ 3.04 $ (0.14) $ 3.06
Diluted (Loss) Earnings Per Share:        
Net (loss) income attributable to common stockholders $ (250,572) $ 292,182 $ (14,209) $ 290,752
Reallocation impact of undistributed earnings to participating restricted stock units 0 117 0 5
Interest expense attributable to convertible notes 0 4,636 0 14,164
Net (loss) income attributable to common stockholders, diluted $ (250,572) $ 296,935 $ (14,209) $ 304,921
Basic weighted average common shares (in shares) 103,635,455 96,176,287 103,531,431 95,059,856
Effect of dilutive shares issued in an assumed vesting of performance share units (in shares) 0 241,752 0 316,447
Effect of dilutive shares issued in an assumed conversion (in shares) 0 9,210,091 0 9,472,715
Diluted weighted average common shares (in shares) 103,635,455 105,628,130 103,531,431 104,849,018
Diluted (loss) earnings per weighted average common share (in dollars per share) $ (2.42) $ 2.81 $ (0.14) $ 2.91