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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive (Loss)
Cumulative Earnings
Cumulative Distributions to Stockholders
Balance at beginning of period at Dec. 31, 2024 $ 1,187,863 $ 66,948 $ 1,325 $ 2,504,029 $ (43,071) $ 1,191,401 $ (2,532,769)
Balance at beginning of period (in shares) at Dec. 31, 2024     132,519,579        
Increase (Decrease) in Stockholders' Equity              
Net (Loss) Income (82,345)         (82,345)  
Other comprehensive income 4,014       4,014    
Employee stock purchase and incentive plans (in shares)     720,732        
Employee stock purchase and incentive plans (2,637)   $ 7 (2,644)      
Non-cash equity award compensation and other 9,733     9,733      
Share repurchases (in shares)     (1,560,795)        
Share repurchases (8,983)   $ (16) (8,967)      
Preferred dividends declared (3,507)         (3,507)  
Common dividends declared [1] (50,675)           (50,675)
Balance at End of Period at Jun. 30, 2025 1,053,463 66,948 $ 1,316 2,502,151 (39,057) 1,105,549 (2,583,444)
Balance at end of period (in shares) at Jun. 30, 2025     131,679,516        
Balance at beginning of period at Mar. 31, 2025 1,183,494 66,948 $ 1,330 2,506,877 (39,340) 1,205,798 (2,558,119)
Balance at beginning of period (in shares) at Mar. 31, 2025     133,005,314        
Increase (Decrease) in Stockholders' Equity              
Net (Loss) Income (98,492)         (98,492)  
Other comprehensive income 283       283    
Employee stock purchase and incentive plans (in shares)     234,997        
Employee stock purchase and incentive plans (386)   $ 2 (388)      
Non-cash equity award compensation and other 4,629     4,629      
Share repurchases (in shares)     (1,560,795)        
Share repurchases (8,983)   $ (16) (8,967)      
Preferred dividends declared (1,757)         (1,757)  
Common dividends declared [1] (25,325)           (25,325)
Balance at End of Period at Jun. 30, 2025 1,053,463 66,948 $ 1,316 2,502,151 (39,057) 1,105,549 (2,583,444)
Balance at end of period (in shares) at Jun. 30, 2025     131,679,516        
Balance at beginning of period at Dec. 31, 2025 $ 982,616 66,948 $ 1,245 2,463,473 (31,669) 1,114,360 (2,631,741)
Balance at beginning of period (in shares) at Dec. 31, 2025 124,459,837   124,459,837        
Increase (Decrease) in Stockholders' Equity              
Net (Loss) Income $ (6,603)         (6,603)  
Other comprehensive income 610       610    
Employee stock purchase and incentive plans (in shares)     1,147,620        
Employee stock purchase and incentive plans (2,376)   $ 11 (2,387)      
Non-cash equity award compensation and other $ 10,920     10,920      
Share repurchases (in shares) 0            
Share repurchases $ 0            
Preferred dividends declared (3,508)         (3,508)  
Common dividends declared [1] (47,820)           (47,820)
Balance at End of Period at Jun. 30, 2026 $ 933,839 66,948 $ 1,256 2,472,006 (31,059) 1,104,249 (2,679,561)
Balance at end of period (in shares) at Jun. 30, 2026 125,607,457   125,607,457        
Balance at beginning of period at Mar. 31, 2026 $ 956,711 66,948 $ 1,250 2,468,269 (31,367) 1,107,107 (2,655,496)
Balance at beginning of period (in shares) at Mar. 31, 2026     125,015,499        
Increase (Decrease) in Stockholders' Equity              
Net (Loss) Income (1,100)         (1,100)  
Other comprehensive income 308       308    
Employee stock purchase and incentive plans (in shares)     591,958        
Employee stock purchase and incentive plans (961)   $ 6 (967)      
Non-cash equity award compensation and other $ 4,704     4,704      
Share repurchases (in shares) 0            
Preferred dividends declared $ (1,758)         (1,758)  
Common dividends declared [1] (24,065)           (24,065)
Balance at End of Period at Jun. 30, 2026 $ 933,839 $ 66,948 $ 1,256 $ 2,472,006 $ (31,059) $ 1,104,249 $ (2,679,561)
Balance at end of period (in shares) at Jun. 30, 2026 125,607,457   125,607,457        
[1] Includes dividends and dividend equivalents declared on common stock and stock-based compensation awards.