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EARNINGS PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table illustrates the computation of basic and diluted earnings per share (in thousands, except share and per share amounts):
Year Ended December 31,
202420232022
Numerator
Net income (loss)$126,712 $13,756 $(77,605)
Denominator
Basic weighted average common shares and common equivalents233,498,736 231,203,391 230,947,895 
Dilutive restricted stock units2,446,335 1,589,387 — 
Dilutive forward equity sale agreements100,791 — — 
Diluted weighted average common shares236,045,862 232,792,778 230,947,895 
Net income (loss), per:
Basic common share$0.54 $0.06 $(0.34)
Diluted common share$0.54 $0.06 $(0.34)