EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of Weighted Average Number of Shares

The following table sets forth the computation of basic and diluted earnings per share under the two-class method (in thousands, except per share data):

Year Ended December 31,	2024		2023		2022
Net income available to stockholders	$	466,379	$	434,957	$	368,599
Less dividends paid:
Common stock	(296,818)		(263,016)		(210,509)
Time-lapse restricted awards	(1,313)		(1,332)		(1,109)
Undistributed earnings for the period	$	168,248	$	170,609	$	156,981
Allocation of undistributed earnings:
Common stock	$	167,507	$	169,687	$	156,123
Time-lapse restricted awards	741		859		823
Restricted stock units	—		63		35
Weighted-average shares outstanding:
Weighted-average outstanding common shares	482,117		487,480		489,719
Add participating securities:
Weighted-average time-lapse restricted awards	2,132		2,469		2,581
Total weighted-average shares outstanding – basic	484,249		489,949		492,300
Dilutive effect of restricted stock units	46		181		113
Total weighted-average shares outstanding – diluted	484,295		490,130		492,413
Basic earnings per share:
Common stock:
Distributed earnings	$	0.62	$	0.54	$	0.43
Undistributed earnings	0.34		0.35		0.32
	$	0.96	$	0.89	$	0.75
Diluted earnings per share:
Common stock:
Distributed earnings	$	0.62	$	0.54	$	0.43
Undistributed earnings	0.34		0.35		0.32
	$	0.96	$	0.89	$	0.75