Income Taxes (Tables)

3 Months Ended

Mar. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Income Tax Rate Reconciliation

The following table is a reconciliation of our U.S. federal income tax provision determined using our statutory federal tax rate to our reported income tax (benefit) for the three months ended March 31, 2023 and 2022 (dollars in thousands):

	For the Three Months Ended March 31,
	2023				2022
Federal statutory tax rate	$	10,703	21.0	%	$	80,191	21.0	%
REIT and other non-taxable income	(17,727)		(34.8)	%	(79,198)		(20.7)	%
State income taxes	(2,308)		(4.5)	%	326		0.1	%
Federal benefit of state tax deduction	485		1.0	%	(69)		—	%
Intra-entity transfers	—		—	%	(3,868)		(1.0)	%
Other	52		—	%	168		—	%
Effective tax rate	$	(8,795)	(17.3)	%	$	(2,450)	(0.6)	%