Quarterly report [Sections 13 or 15(d)]

Earnings Per Share - Loss Earnings and Shares Basic and Diluted (Loss) Earnings Per Share (Details)

v3.25.1
Earnings Per Share - Loss Earnings and Shares Basic and Diluted (Loss) Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Basic (Loss) Earnings Per Share:    
Net (loss) income $ (79,055) $ 203,588
Dividends on preferred stock (13,186) (11,784)
Gain on repurchase and retirement of preferred stock 0 644
Dividends and undistributed earnings allocated to participating restricted stock units (404) (1,441)
Net (loss) income attributable to common stockholders $ (92,645) $ 191,007
Basic weighted average common shares (in shares) 103,976,437 103,401,940
Basic (loss) earnings per weighted average common share (in dollars per share) $ (0.89) $ 1.85
Diluted (Loss) Earnings Per Share:    
Net (loss) income attributable to common stockholders $ (92,645) $ 191,007
Reallocation impact of undistributed earnings to participating restricted stock units 0 61
Interest expense attributable to convertible notes 0 4,619
Net (loss) income attributable to common stockholders, diluted $ (92,645) $ 195,687
Basic weighted average common shares (in shares) 103,976,437 103,401,940
Effect of dilutive shares issued in an assumed vesting of performance share units (in shares) 0 361,286
Effect of dilutive shares issued in an assumed conversion (in shares) 0 9,210,091
Diluted weighted average common shares (in shares) 103,976,437 112,973,317
Diluted (loss) earnings per weighted average common share (in dollars per share) $ (0.89) $ 1.73