Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of Earnings 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):

	Year Ended December 31,
	2024		2023		2022
Net income (loss)	$	(240,394)	$	137,240	$	4,432
Preferred dividends and accretion	55,670		51,691		48,054
Net income (loss) to common shareholders	(296,064)		85,549		(43,622)
Basic:
Weighted average common shares outstanding	151,754		150,942		149,819
Earnings (loss) per share	$	(1.95)	$	0.57	$	(0.29)
Diluted:
Weighted average common shares outstanding	151,754		150,942		149,819
Effect of Restricted Stock and Performance Awards	—		1,080		—
Weighted average dilutive shares	151,754		152,022		149,819
Income (loss) per share	$	(1.95)	$	0.56	$	(0.29)