Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

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

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Net income	$	25,698	$	65,165	$	27,863	$	94,800
Less: preferred dividends and accretion	13,749		12,784		27,251		25,268
Net income to common shareholders	$	11,949	$	52,381	$	612	$	69,532
Basic:
Weighted average shares	151,797		150,919		151,574		150,763
(Loss) income per share	$	0.08	$	0.34	$	—	$	0.47
Diluted:
Effect of restricted stock and performance awards	410		1,210		596		1,207
Weighted average shares	152,207		152,129		152,170		151,970
Income per share	$	0.08	$	0.34	$	—	$	0.46