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Earnings Per Share and Equity Transactions | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
Earnings Per Share and Equity Transactions | Earnings Per Share and Equity Transactions Basic earnings per share ("EPS") is computed by dividing net income or loss attributed to common shares by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that may occur from awards issued pursuant to stock-based compensation plans. The following table reconciles the amounts used in calculating basic and diluted EPS:
| Three months ended June 30 |  | Six months ended June 30
| 2025 |  | 2024 |  | 2025 |  | 2024
Numerator: |  |  |  |  |  |  |
Net income attributed to common shares - basic and diluted | $ | 95,942 |  |  | $ | 1,498 |  |  | $ | 102,734 |  |  | $ | 4,398 |
Denominator: |  |  |  |  |  |  |
Weighted average common shares outstanding - basic | 77,591,538 |  |  | 67,900,275 |  |  | 77,577,831 |  |  | 67,887,402 |
Dilutive effect of unvested restricted shares | 700,884 |  |  | 426,988 |  |  | 648,850 |  |  | 412,255 |
Weighted average common shares outstanding - diluted | 78,292,422 |  |  | 68,327,263 |  |  | 78,226,681 |  |  | 68,299,657 |
Basic and diluted earnings per common share: |  |  |  |  |  |  |
Net income per common share - basic | $ | 1.24 |  |  | $ | 0.02 |  |  | $ | 1.32 |  |  | $ | 0.06 |
Net income per common share - diluted | $ | 1.23 |  |  | $ | 0.02 |  |  | $ | 1.31 |  |  | $ | 0.06 |
ATM Program On March 7, 2022, the Company established an at-the-market equity offering program (the "ATM Program") through which the Company may sell from time to time up to an aggregate of $250.0 million of its common stock. In connection with the ATM Program, the Company may sell shares of its common stock to or through sales agents, or may enter into separate forward sale agreements with one of the agents, or one of their respective affiliates, as a forward purchaser. During the six months ended June 30, 2025 and 2024, no shares were issued under the ATM Program. As of June 30, 2025, $236.7 million of common stock remains available for issuance under the ATM Program. Share Repurchase Program On February 23, 2022, the Company established a share repurchase program (the "SRP") of up to $150.0 million of the Company's outstanding shares of common stock. The SRP may be suspended or discontinued at any time, and does not obligate the Company to repurchase any dollar amount or particular amount of shares. As of June 30, 2025, the Company has not repurchased any common stock under the SRP.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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