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Net Income Available to Common Stockholders Per Share of the Company (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Net Income Available to Common Stockholders
The following table reconciles the numerator and denominator in computing the Company’s basic and diluted per-share computations for net income available to common stockholders for the three months ended March 31, 2025 and 2024:
 Three Months Ended March 31,
 20252024
 (in thousands, except share and per share amounts)
Numerator:
Net income available to common stockholders$39,008 $49,920 
Allocation to participating securities (1)
(212)(799)
Numerator for basic and diluted net income available to common stockholders$38,796 $49,121 
Denominator:  
Basic weighted average vested shares outstanding118,194,588 117,337,666 
Effect of dilutive securities469,842 623,260 
Diluted weighted average vested shares and common stock equivalents outstanding118,664,430 117,960,926 
Basic earnings per share:  
Net income available to common stockholders per share$0.33 $0.42 
Diluted earnings per share:  
Net income available to common stockholders per share$0.33 $0.42 
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(1)Participating securities include certain time-based RSUs and vested market measure-based RSUs.