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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted |
|  | For The Three Months Ended September 30, |  | For The Nine Months Ended September 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Numerator: |  |  |  |  |  |  |  |
Net income |  | $ | 6,356 |  |  | $ | 83,949 |  |  | $ | 163,950 |  |  | $ | 176,685 |
Dividends on Series A convertible preferred stock |  | (6,913) |  |  | (6,875) |  |  | (20,588) |  |  | (20,512) |
Income allocated to participating preferred stock |  | — |  |  | (6,702) |  |  | (12,357) |  |  | (13,605) |
Net (loss) income attributable to common stockholders |  | $ | (557) |  |  | $ | 70,372 |  |  | $ | 131,005 |  |  | $ | 142,568 |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Allocation of earnings to participating securities |  | $ | — |  |  | $ | 6,702 |  |  | $ | 12,357 |  |  | $ | 13,605 |
Reallocation of earnings to participating securities |  | — |  |  | (6,540) |  |  | (12,154) |  |  | (13,263) |
Net (loss) income available to common stockholders after assumed conversions |  | $ | (557) |  |  | $ | 70,534 |  |  | $ | 131,208 |  |  | $ | 142,910 |
Denominator: |  |  |  |  |  |  |  |
Weighted average basic common shares outstanding |  | 233,696 |  |  | 231,006 |  |  | 233,219 |  |  | 230,523 |
Dilutive effect of common shares |  | — |  |  | 6,267 |  |  | 4,261 |  |  | 6,363 |
Weighted average diluted common shares outstanding |  | 233,696 |  |  | 237,273 |  |  | 237,480 |  |  | 236,886 |
(Loss) earnings per share: |  |  |  |  |  |  |  |
Basic |  | $ | (0.00) |  |  | $ | 0.30 |  |  | $ | 0.56 |  |  | $ | 0.62 |
Dilutive |  | $ | (0.00) |  |  | $ | 0.30 |  |  | $ | 0.55 |  |  | $ | 0.60 |
(1) Forward Stock Split - The share numbers have been retrospectively adjusted to reflect the three-for-one stock split that became effective on November 13, 2023. See Note 2. Basis of Presentation and Summary of Significant Accounting Policies for more information.

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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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