Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Schedule of Income (Loss) Per Share, Basic and Diluted

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Net income	$	23,214	$	40,644	$	114,154	$	9,683
Less: preferred dividends and accretion	13,091		12,257		38,359		36,045
Net income (loss) to common shareholders	$	10,123	$	28,387	$	75,795	$	(26,362)
Basic:
Weighted average shares	151,068		150,322		150,865		149,604
Income (loss) per share	$	0.07	$	0.19	$	0.50	$	(0.18)
Diluted:
Effect of restricted stock and performance awards	1,255		1,060		1,219		—
Weighted average shares	152,323		151,382		152,083		149,604
Income (loss) per share	$	0.07	$	0.19	$	0.50	$	(0.18)