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Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Millions
Total
Series A Preferred Stock
Common stock
Series A Preferred Stock
Common stock
Additional Paid-in Capital
Distribution in Excess of Earnings
Distribution in Excess of Earnings
Series A Preferred Stock
Distribution in Excess of Earnings
Common stock
Accumulated Other Comprehensive Loss
Noncontrolling Interest
Series A Preferred Stock outstanding (shares) at Dec. 31, 2022       100,000              
Series A Preferred Stock (dollars) at Dec. 31, 2022       $ 119.8              
Series A Preferred Stock outstanding (shares) at Jun. 30, 2023       100,000              
Series A Preferred Stock (dollars) at Jun. 30, 2023       $ 119.8              
Total stockholders' equity at Dec. 31, 2022 $ 1,225.4       $ 1.6 $ 2,416.3 $ (1,183.4)     $ (9.1)  
Non-controlling interests at Dec. 31, 2022                     $ 4.0
Total equity at Dec. 31, 2022 1,349.2                    
Common stock outstanding (shares) at Dec. 31, 2022         164,200,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net Income (Loss) (507.8) [1]           (507.8)        
Net income attributable to non-controlling interests 0.7                   0.7
Net income (loss) before allocation to non-controlling interests (507.1)                    
Other comprehensive income 2.8                 2.8  
Other comprehensive income (loss) - total equity 2.8                    
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period 0.1                    
Stock-based payments: Vested         $ 0.1            
Stock-based payments: Vested (shares)         1,500,000            
Stock-based payments: Amortization 15.7         15.7          
Shares paid for tax withholding for stock-based payments (shares)         (700,000)            
Shares paid for tax withholding for stock-based payments (12.4)         (12.4)          
Dividends   $ (4.4) $ (99.3)         $ (4.4) $ (99.3)    
Total stockholders' equity at Jun. 30, 2023 620.1       $ 1.7 2,419.6 (1,794.9)     (6.3)  
Non-controlling interests at Jun. 30, 2023                     4.7
Total equity at Jun. 30, 2023 744.6                    
Common stock outstanding (shares) at Jun. 30, 2023         165,000,000.0            
Series A Preferred Stock outstanding (shares) at Mar. 31, 2023       100,000              
Series A Preferred Stock (dollars) at Mar. 31, 2023       $ 119.8              
Series A Preferred Stock outstanding (shares) at Jun. 30, 2023       100,000              
Series A Preferred Stock (dollars) at Jun. 30, 2023       $ 119.8              
Total stockholders' equity at Mar. 31, 2023 1,140.4       $ 1.6 2,411.8 (1,264.2)     (8.8)  
Non-controlling interests at Mar. 31, 2023                     4.1
Total equity at Mar. 31, 2023 1,264.3                    
Common stock outstanding (shares) at Mar. 31, 2023         165,000,000.0            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net Income (Loss) (478.9) [1]           (478.9)        
Net income attributable to non-controlling interests 0.5                    
Net income (loss) before allocation to non-controlling interests (478.4)                    
Other comprehensive income 2.5                 2.5  
Other comprehensive income (loss) - total equity 2.5                    
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period 0.1                    
Stock-based payments: Vested         $ 0.1            
Stock-based payments: Vested (shares)         100,000            
Stock-based payments: Amortization 7.9         7.9          
Shares paid for tax withholding for stock-based payments (shares)         (100,000)            
Shares paid for tax withholding for stock-based payments (0.1)         (0.1)          
Dividends   (2.2) (49.6)       (49.6) (2.2)      
Other 0.1                    
Noncontrolling interests - Other                     0.1
Total stockholders' equity at Jun. 30, 2023 620.1       $ 1.7 2,419.6 (1,794.9)     (6.3)  
Non-controlling interests at Jun. 30, 2023                     4.7
Total equity at Jun. 30, 2023 $ 744.6                    
Common stock outstanding (shares) at Jun. 30, 2023         165,000,000.0            
Series A Preferred Stock outstanding (shares) at Dec. 31, 2023 100,000     100,000              
Series A Preferred Stock (dollars) at Dec. 31, 2023 $ 119.8     $ 119.8              
Series A Preferred Stock outstanding (shares) at Jun. 30, 2024 125,000     100,000              
Series A Preferred Stock (dollars) at Jun. 30, 2024 $ 119.8     $ 119.8              
Total stockholders' equity at Dec. 31, 2023 607.0       $ 1.7 2,432.2 (1,821.1)     (5.8)  
Non-controlling interests at Dec. 31, 2023 3.3                   3.3
Total equity at Dec. 31, 2023 $ 730.1                    
Common stock outstanding (shares) at Dec. 31, 2023 165,100,000       165,100,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net Income (Loss) $ 149.6           149.6        
Net income attributable to non-controlling interests 0.3                   0.3
Net income (loss) before allocation to non-controlling interests 149.9                    
Other comprehensive income 5.5                 5.5  
Other comprehensive income (loss) - total equity 5.5                    
Stock-based payments: Vested (shares)         1,500,000            
Stock-based payments: Amortization 14.8         14.8          
Shares paid for tax withholding for stock-based payments (shares)         (600,000)            
Shares paid for tax withholding for stock-based payments (7.7)         (7.7)          
Dividends   (4.4) (99.9)         (4.4) (99.9)    
Total stockholders' equity at Jun. 30, 2024 664.9       $ 1.7 2,439.3 (1,775.8)     (0.3)  
Non-controlling interests at Jun. 30, 2024 3.6                   3.6
Total equity at Jun. 30, 2024 $ 788.3                    
Common stock outstanding (shares) at Jun. 30, 2024 165,979,058       166,000,000.0            
Series A Preferred Stock outstanding (shares) at Mar. 31, 2024       100,000              
Series A Preferred Stock (dollars) at Mar. 31, 2024       $ 119.8              
Series A Preferred Stock outstanding (shares) at Jun. 30, 2024 125,000     100,000              
Series A Preferred Stock (dollars) at Jun. 30, 2024 $ 119.8     $ 119.8              
Total stockholders' equity at Mar. 31, 2024 524.2       $ 1.7 2,431.9 (1,900.5)     (8.9)  
Non-controlling interests at Mar. 31, 2024                     3.2
Total equity at Mar. 31, 2024 647.2                    
Common stock outstanding (shares) at Mar. 31, 2024         165,900,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net Income (Loss) 176.8           176.8        
Net income attributable to non-controlling interests 0.2                    
Net income (loss) before allocation to non-controlling interests 177.0                    
Other comprehensive income 8.6                 8.6  
Other comprehensive income (loss) - total equity 8.6                    
Stock-based payments: Vested (shares)         100,000            
Stock-based payments: Amortization 7.6         7.6          
Shares paid for tax withholding for stock-based payments (0.2)         (0.2)          
Dividends   $ (2.2) $ (49.9)         $ (2.2) $ (49.9)    
Other 0.2                    
Noncontrolling interests - Other                     0.2
Total stockholders' equity at Jun. 30, 2024 664.9       $ 1.7 $ 2,439.3 $ (1,775.8)     $ (0.3)  
Non-controlling interests at Jun. 30, 2024 3.6                   $ 3.6
Total equity at Jun. 30, 2024 $ 788.3                    
Common stock outstanding (shares) at Jun. 30, 2024 165,979,058       166,000,000.0            
[1] In 2024, Net income available for common stockholders for the calculation of diluted EPS.