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Earnings Per Share and Equity Transactions
 3 Months Ended
Mar. 31, 2026
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 March 31
20262025
Numerator:
Net income attributed to common shares - basic and diluted$5,184 $6,792 
Denominator:
Weighted average common shares outstanding - basic77,933,973 77,563,971 
Dilutive effect of unvested restricted shares481,188 596,816 
Weighted average common shares outstanding - diluted78,415,161 78,160,787 
Basic and diluted earnings per common share:
Net income per common share - basic$0.07 $0.09 
Net income per common share - diluted$0.07 $0.09 
ATM Program
The Company maintains 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 three months ended March 31, 2026 and 2025, no shares were issued under the ATM Program. As of March 31, 2026, $236.7 million of common stock remains available for issuance under the ATM Program.
Share Repurchase Program
The Company maintains 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 March 31, 2026, the Company has not repurchased any common stock under the SRP.