Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2023

Accounting Policies [Abstract]

Components of basic and diluted weighted-average shares

The following table presents information about basic and diluted weighted-average shares outstanding:

	Three Months Ended  September 30,				Nine Months Ended  September 30,
(in thousands)	2023		2022		2023		2022
Numerator (for basic and diluted earnings per share)
Net income (loss)	$	(3,653)	$	46,248	$	(692,022)	$	110,353
Less income allocated to RSUs	—		(885)		—		(1,831)
Less preferred stock dividends	(12,576)		(12,576)		(37,729)		(37,729)
Numerator for basic and diluted earnings per share	$	(16,229)	$	32,787	$	(729,751)	$	70,793
Denominator
Basic weighted-average shares outstanding	84,433		83,360		84,162		83,141
Effect of dilutive securities	—		1,964		—		5,056
Diluted weighted-average shares outstanding	84,433		85,324		84,162		88,197