Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2026

Earnings Per Share [Abstract]

Schedule of Income Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted income per share (in thousands, except per share amounts):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Net income	$	8,197	$	33,503	$	34,540	$	93,511
Less: preferred dividends and accretion	16,113		15,144		47,558		44,375
Net (loss) income to common stockholders	$	(7,916)	$	18,359	$	(13,018)	$	49,136
Basic:
Weighted average shares	154,014		152,727		153,616		152,465
(Loss) income per share	$	(0.05)	$	0.12	$	(0.08)	$	0.32
Diluted:
Effect of restricted stock and performance awards	—		1,363		—		885
Weighted average shares	154,014		154,090		153,616		153,350
(Loss) income per share	$	(0.05)	$	0.12	$	(0.08)	$	0.32