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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 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
June 30,
Six Months Ended
June 30,
2024202320242023
(in thousands, except share and per share)
Basic earnings per share:
Numerator
Net income$102,946 $132,401 $210,812 $261,121 
Preferred stock dividends(12,508)(10,425)(22,933)(20,850)
Net income attributable to common stockholders$90,438 $121,976 $187,879 $240,271 
Denominator
Weighted-average shares outstanding111,372,434 111,021,133 111,273,514 110,982,557 
Basic earnings per share$0.81 $1.10 $1.69 $2.16 
Diluted earnings per share:
Numerator
Net income$102,946 $132,401 $210,812 $261,121 
Preferred stock dividends(12,508)(10,425)(22,933)(20,850)
Net income attributable to common stockholders$90,438 $121,976 $187,879 $240,271 
Denominator
Number of shares used in basic computation111,372,434111,021,133111,273,514110,982,557
Weighted-average effect of dilutive securities368,387 217,871439,205324,492
Number of shares used in per share computation111,740,821 111,239,004 111,712,719 111,307,049 
Diluted earnings per share$0.81 $1.10 $1.68 $2.16