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EARNINGS PER SHARE (Tables)
9 Months Ended
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,
2024202320242023
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.