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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Sep. 30, 2023
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | Under the two-class method, net income is reallocated to common stock, the Series A Convertible Preferred Stock, and all dilutive securities based on the contractual participating rights of the respective securities to share in the current earnings as if all of the earnings for the period had been distributed.
|  | For The Three Months Ended September 30, |  | For The Nine Months Ended September 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Numerator: |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 83,949 |  |  | $ | (181,896) |  |  | $ | 176,685 |  |  | $ | (166,059) |
Less: dividends paid to Series A convertible preferred stockholders |  | (6,875) |  |  | (4,596) |  |  | (20,512) |  |  | (4,596) |
Undistributed income (loss) |  | 77,074 |  |  | (186,492) |  |  | 156,173 |  |  | (170,655) |
Income allocated to participating preferred shares |  | (6,540) |  |  | — |  |  | (13,263) |  |  | — |
Net income (loss) attributable to common stockholders |  | $ | 70,534 |  |  | $ | (186,492) |  |  | $ | 142,910 |  |  | $ | (170,655) |
Denominator: |  |  |  |  |  |  |  |
Weighted average basic common shares outstanding |  | 77,002 |  | 75,796 |  | 76,841 |  | 75,625
Dilutive effect of common shares |  | 2,089 |  | — |  |  | 2,121 |  | — |
Weighted average diluted common shares outstanding |  | 79,091 |  | 75,796 |  | 78,962 |  | 75,625
Earnings per share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.92 |  |  | $ | (2.46) |  |  | $ | 1.86 |  |  | $ | (2.26) |
Dilutive |  | $ | 0.89 |  |  | $ | (2.46) |  |  | $ | 1.81 |  |  | $ | (2.26) |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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