Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share Basic And Diluted

The following table summarizes the calculation of basic and diluted (loss) earnings per common share:

	Three months ended March 31,
(In thousands, except per share data)	2022		2021
Net (loss) income	$	(16,747)	$	108,078
Less: Preferred stock dividends	3,431		1,969
Net (loss) income available to common shareholders	(20,178)		106,109
Less: Earnings allocated to participating securities	—		579
(Loss) earnings applicable to common shareholders	$	(20,178)	$	105,530
Weighted-average common shares outstanding - basic	147,394		89,809
Effect of dilutive securities	—		299
Weighted-average common shares outstanding - diluted	147,394		90,108
Basic (loss) earnings per common share	$	(0.14)	$	1.18
Diluted (loss) earnings per common share	(0.14)		1.17