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STOCKHOLDERS' EQUITY
12 Months Ended
Dec. 31, 2023
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS’ EQUITY STOCKHOLDERS' EQUITY.
SPECIAL DIVIDEND.

On June 14, 2021, the Board of Directors declared a special cash dividend of $3.00 per common share, or $699.8 million, that was paid on July 7, 2021, to stockholders of record as of the close of business on June 25, 2021.

SHARE REPURCHASES.

The Board of Directors has authorized the future repurchase of up to 6,348,517 common shares as of December 31, 2023.

Accounts payable and accrued expenses includes liabilities of $5.4 million at December 31, 2023 for common stock repurchases that settled during the first week of January 2024.

RESTRICTED CAPITAL.

Our consolidated stockholders' equity at December 31, 2023, includes about $413 million that is restricted as to use by various regulations and agreements arising in the ordinary course of our business.