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EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted


						For The Three Months Ended June 30,												For The Six Months Ended June 30,
						2024						2023						2024						2023
Numerator:
Net income						$	79,783					$	51,509					$	157,594					$	92,736
Dividends on Series A convertible preferred stock						(6,838)						(6,856)						(13,675)						(13,637)
Income allocated to participating preferred stock						(6,289)						(3,890)						(12,417)						(6,898)
Net income attributable to common stockholders						$	66,656					$	40,763					$	131,502					$	72,201

Effect of dilutive securities:
Allocation of earnings to participating securities						$	6,289					$	3,890					$	12,417					$	6,898
Reallocation of earnings to participating securities						(6,181)						(3,795)						(12,197)						(6,727)
Net income available to common stockholders after assumed conversions						$	66,764					$	40,858					$	131,722					$	72,372

Denominator:
Weighted average basic common shares outstanding						233,197						230,535						232,979						230,277
Dilutive effect of common shares						4,398						6,297						4,590						6,300
Weighted average diluted common shares outstanding						237,595						236,832						237,569						236,577

Earnings per share:
Basic						$	0.29					$	0.18					$	0.56					$	0.31
Dilutive						$	0.28					$	0.17					$	0.55					$	0.31