XML 40 R30.htm IDEA: XBRL DOCUMENT
v3.22.2.2

EARNINGS PER COMMON SHARE (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Earnings Per Share [Abstract] |
BASIC AND DILUTED EARNINGS PER COMMON SHARE | The following table presents a comparison of earnings per common share and earnings per diluted common share:
|  |  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  |  | 2022 |  | 2021 |  |  | 2022 |  | 2021 |
|  | Earnings (loss) per common share |  |  |  |  |  |  |  |  |
|  | Net income (loss) | $ | (9,384) |  |  | $ | 54,948 |  |  |  | $ | 174,592 |  |  | $ | 413,716 |  |
|  | Less: Preferred share dividends | 7,563 |  |  | 7,563 |  |  |  | 22,688 |  |  | 22,688 |  |
|  | Net income (loss) available (attributable) to common shareholders | (16,947) |  |  | 47,385 |  |  |  | 151,904 |  |  | 391,028 |  |
|  | Weighted average common shares outstanding | 84,660 |  |  | 84,771 |  |  |  | 84,930 |  |  | 84,684 |  |
|  | Earnings (loss) per common share | $ | (0.20) |  |  | $ | 0.56 |  |  |  | $ | 1.79 |  |  | $ | 4.62 |  |
|  | Earnings (loss) per diluted common share |  |  |  |  |  |  |  |  |
|  | Net income (loss) available (attributable) to common shareholders | $ | (16,947) |  |  | $ | 47,385 |  |  |  | $ | 151,904 |  |  | $ | 391,028 |  |
|  | Weighted average common shares outstanding | 84,660 |  |  | 84,771 |  |  |  | 84,930 |  |  | 84,684 |  |
|  | Share-based compensation plans | — |  |  | 565 |  |  |  | 744 |  |  | 507 |  |
|  | Weighted average diluted common shares outstanding | 84,660 |  |  | 85,336 |  |  |  | 85,674 |  |  | 85,191 |  |
|  | Earnings (loss) per diluted common share | $ | (0.20) |  |  | $ | 0.56 |  |  |  | $ | 1.77 |  |  | $ | 4.59 |  |
|  | Weighted average anti-dilutive shares excluded from the dilutive computation | 160 |  |  | 477 |  |  |  | 432 |  |  | 873 |  |
(1) Due to the net loss attributable to common shareholders recognized for the three months ended September 30, 2022, the share equivalents were anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration