Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2024

Accounting Policies [Abstract]

Schedule of 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)	2024		2023		2024		2023
Numerator (for basic and diluted earnings per share)
Net income (loss)	$	47,776	$	(3,653)	$	50,831	$	(692,022)
Less income allocated to RSUs	(1,223)		—		(280)		—
Less preferred stock dividends	(14,743)		(12,576)		(43,552)		(37,729)
Numerator for basic and diluted earnings per share	$	31,810	$	(16,229)	$	6,999	$	(729,751)
Denominator
Basic weighted-average shares outstanding	86,067		84,433		85,546		84,162
Effect of dilutive securities	—		—		—		—
Diluted weighted-average shares outstanding	86,067		84,433		85,546		84,162