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EARNINGS PER SHARE AND EQUITY (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The calculation of basic and diluted EPS is presented below:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands, except share and per share data)2024202320242023
Net income (loss)$86,482 $41,307 $(93,766)$125,457 
Less: Dividends on preferred shares8,335 8,334 25,005 23,460 
Net income (loss) attributable to shareholders$78,147 $32,973 $(118,771)$101,997 
Weighted Average Ordinary Shares Outstanding - Basic 102,380,659 99,927,594 101,199,356 99,796,736 
Weighted Average Ordinary Shares Outstanding - Diluted103,395,348 100,482,309 101,199,356 100,269,203 
Earnings (loss) per share:
Basic$0.76 $0.33 $(1.17)$1.02 
Diluted$0.76 $0.33 $(1.17)$1.02