Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2025

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Basic and Diluted

The following sets forth the computation of basic and diluted earnings per share under the two-class method:

	Three Months Ended June 30,				Six Months Ended June 30,
(Thousands, except per share data)	2025		2024		2025		2024
Basic earnings per share:
Numerator:
Net (loss) income attributable to shareholders	$	(10,729)	$	18,278	$	1,491	$	59,607
Less: Income allocated to participating securities	—		(723)		(335)		(1,159)
Dividends declared on convertible preferred stock	(5)		(5)		(10)		(10)
Net (loss) income attributable to common shares	$	(10,734)	$	17,550	$	1,146	$	58,438
Denominator:
Basic weighted-average common shares outstanding	238,567		237,347		238,318		237,121
Basic (loss) earnings per common share	$	(0.04)	$	0.07	$	0.00	$	0.25

	Three Months Ended June 30,				Six Months Ended June 30,
(Thousands, except per share data)	2025		2024		2025		2024
Diluted earnings per share:
Numerator:
Net (loss) income attributable to shareholders	$	(10,729)	$	18,278	$	1,491	$	59,607
Less: Income allocated to participating securities	—		(723)		(335)		(1,159)
Dividends declared on convertible preferred stock	(5)		(5)		(10)		(10)
Impact on if-converted dilutive securities	—		—		—		—
Net (loss) income attributable to common shares	$	(10,734)	$	17,550	$	1,146	$	58,438
Denominator:
Basic weighted-average common shares outstanding	238,567		237,347		238,318		237,121
Effect of dilutive non-participating securities	—		—		—		—
Impact on if-converted dilutive securities	—		—		—		—
Weighted-average shares for dilutive earnings per common share	238,567		237,347		238,318		237,121
Dilutive (loss) earnings per common share	$	(0.04)	$	0.07	$	0.00	$	0.25