Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Schedule of Reconciliation of Basic and Diluted Earnings/(Loss) Per Share

The following table sets forth the reconciliation of basic and diluted earnings per share:

	Three Months Ended March 31,
	2025		2024
	(in thousands, except share and per share)
Basic earnings per share:
Numerator
Net income	$	375,832	$	107,866
Preferred stock dividends	(11,081)		(10,425)
Net income attributable to common stockholders	$	364,751	$	97,441
Denominator
Weighted-average common shares outstanding	111,549,903		111,174,593
Basic earnings per share	$	3.27	$	0.88
Diluted earnings per share:
Numerator
Net income	$	375,832	$	107,866
Preferred stock dividends	(11,081)		(10,425)
Net income attributable to common stockholders	$	364,751	$	97,441
Denominator
Number of shares used in basic computation	111,549,903		111,174,593
Weighted-average effect of dilutive securities	480,479		355,177
Number of shares used in per share computation	112,030,382		111,529,770
Diluted earnings per share	$	3.26	$	0.87