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Capital Structure (Tables)
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Summary of Authorized and Issued Share Capital
The following table provides a summary of the Company’s authorized and issued share capital as at December 31, 2023 and 2022:
As at December 31, 2023At December 31, 2022
Number$ in
Thousands
Number$ in
Thousands
Authorized share capital:
Ordinary Shares $0.01 per share (2022 — $0.01 per share)
70,000,000 700 70,000,000 700 
Preference Shares 0.15144558¢ per share
30,000,000 45 30,000,000 45 
Total authorized share capital745 745 
Issued share capital:
Issued ordinary shares $0.01 per share (2022 — $0.01 per share)
60,395,839 604 60,395,839 604 
Issued 5.950% preference shares of 0.15144558¢ each with a liquidation preference of $25 per share
11,000,000 17 11,000,000 17 
Issued 5.625% preference shares of 0.15144558¢ each with a liquidation preference of $25 per share
10,000,000 15 10,000,000 15 
Issued 5.625% preference shares of 0.15144558¢ represented by depositary shares, each with a liquidation preference of $25 per share (1)
10,000 — 10,000 — 
Total issued share capital636 636 
________________
(1)Each depositary share represents a 1/1000th interest in a share of the 5.625% preference shares.
The following table provides a summary of the Company’s authorized and issued share capital as at September 30, 2024 and December 31, 2023:
As at September 30, 2024As at December 31, 2023
Number$ in
Thousands
Number$ in
Thousands
Authorized share capital:
Ordinary Shares $0.01 per share (2023 — $0.01 per share)
750,000,000 7,500 70,000,000 700 
Preference Shares 0.15144558¢ per share
150,000,000 227 30,000,000 45 
Total authorized share capital7,727 745 
Issued share capital:
Issued ordinary shares $0.01 per share (2023— $0.01 per share)
60,395,839 604 60,395,839 604 
Issued 5.950% preference shares of 0.15144558¢ each with a liquidation preference of $25 per share
11,000,000 17 11,000,000 17 
Issued 5.625% preference shares of 0.15144558¢ each with a liquidation preference of $25 per share
10,000,000 15 10,000,000 15 
Issued 5.625% preference shares of 0.15144558¢ represented by depositary shares, each with a liquidation preference of $25 per share (1)
10,000 — 10,000 — 
Total issued share capital636 636 
________________
(1)Each depositary share represents a 1/1000th interest in a share of the 5.625% preference shares.