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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic and Diluted Earnings/(Loss) Per Share
The following table sets forth the reconciliation of basic and diluted earnings per share:
Three Months Ended
March 31,
20242023
(in thousands, except share and per share)
Basic earnings per share:
Numerator
Net income$107,866 $128,720 
Preferred stock dividends(10,425)(10,425)
Net income attributable to common stockholders$97,441 $118,295 
Denominator
Weighted-average shares outstanding111,174,593 110,943,552 
Basic earnings per share$0.88 $1.07 
Diluted earnings per share:
Numerator
Net income$107,866 $128,720 
Preferred stock dividends(10,425)(10,425)
Net income attributable to common stockholders$97,441 $118,295 
Denominator
Number of shares used in basic computation111,174,593110,943,552
Weighted-average effect of dilutive securities355,177 256,444
Number of shares used in per share computation111,529,770 111,199,996 
Diluted earnings per share$0.87 $1.06