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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2025
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 March 31,
20252024
Net income$16,746 $2,165 
Less: preferred dividends and accretion14,443 13,502 
Net income (loss) to common shareholders$2,303 $(11,337)
Basic:
Weighted average shares152,076 151,351 
 Income (loss) per share$0.02 $(0.07)
Diluted:
Effect of restricted stock and performance awards707 — 
Weighted average shares152,783 151,351 
Income (loss) per share$0.02 $(0.07)