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Equity and Capital (Tables) | 3 Months Ended
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Mar. 31, 2024
Equity [Abstract] |
Summary of Terms and Conditions of Preferred Stock Outstanding | Terms and conditions of the preferred stock outstanding are summarized as follows:
| Preferred Stock Outstanding as of March 31, 2024 and December 31, 2023
| Date of Issuance |  | Shares Issued and Outstanding |  |  | Liquidation Preference |  |  | Distribution Rate |  | Callable By Company
Series A | 8/18/2023 |  |  | 4,600,000 |  |  | $ | 115,000,000 |  |  | 6.250% |  | On demand
Series B | 8/18/2023 |  |  | 4,400,000 |  |  |  | 110,000,000 |  |  | 5.875% |  | On or after 10/1/2024
|  |  |  | 9,000,000 |  |  | $ | 225,000,000 |  |  |  |  |

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