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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic and Diluted Earnings Per Share
The following table sets forth the reconciliation of basic and diluted earnings per share:
Three Months Ended
March 31,
20262025
(in thousands, except share and per share)
Basic earnings per share:
Numerator
Net income$125,896 $375,832 
Preferred stock dividends(11,081)(11,081)
Net income attributable to common stockholders$114,815 $364,751 
Denominator
Weighted-average common shares outstanding111,936,166 111,549,903 
Basic earnings per share$1.03 $3.27 
Diluted earnings per share:
Numerator
Net income$125,896 $375,832 
Preferred stock dividends(11,081)(11,081)
Net income attributable to common stockholders$114,815 $364,751 
Denominator
Number of shares used in basic computation111,936,166111,549,903
Weighted-average effect of dilutive securities548,490 480,479
Number of shares used in per share computation112,484,656 112,030,382 
Diluted earnings per share$1.02 $3.26