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Net Income Available to Common Stockholders Per Share of the Company
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Net Income Available to Common Stockholders Per Share of the Company Net Income Available to Common Stockholders Per Share of the Company
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 and six months ended June 30, 2025 and 2024:

 Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
 (in thousands, except share and per share amounts)
Numerator:
Net income available to common stockholders$68,449 $49,211 $107,457 $99,131 
Allocation to participating securities (1)
(228)(820)(440)(1,619)
Numerator for basic and diluted net income available to common stockholders$68,221 $48,391 $107,017 $97,512 
Denominator:  
Basic weighted average vested shares outstanding118,285,328 117,375,262 118,240,208 117,356,464 
Effect of dilutive securities398,009 287,928 433,727 453,834 
Diluted weighted average vested shares and common stock equivalents outstanding118,683,337 117,663,190 118,673,935 117,810,298 
Basic earnings per share:  
Net income available to common stockholders per share$0.58 $0.41 $0.91 $0.83 
Diluted earnings per share:  
Net income available to common stockholders per share$0.57 $0.41 $0.90 $0.83 
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(1)Participating securities include certain time-based RSUs and vested market measure-based RSUs.
Share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are considered participating securities. The impact of potentially dilutive common shares, including RSUs, are considered in our diluted earnings per share calculation for the three and six months ended June 30, 2025 and 2024. Certain market measure-based RSUs are not included in dilutive securities for the three and six months ended June 30, 2025 and 2024, as not all performance metrics had been met by the end of the applicable reporting periods. Additionally, certain unvested time-based RSUs are not included in dilutive securities for the six months ended June 30, 2024, as they were anti-dilutive. See Note 7 “Share-Based Compensation” for additional information regarding share-based compensation.