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Net Income per Share (Tables) | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
Basic and Diluted Net Income per Share of Common Stock Using Two-Class Method | The table below presents the computation of basic and diluted net income per share of common stock for the years ended December 31, 2022, 2021 and 2020 ($ in thousands except per share data):
|  |  | Year ended December 31,
|  |  |  |  | 2022 |  | 2021 | 2020
Basic Earnings |  |  |  |  |  |  |  |
Net income |  |  |  |  | $ | 265,232 |  |  | $ | 223,515 |  | $ | 18,377 |
Less: Preferred dividends |  |  |  |  | (12,272) |  |  | (12,964) |  | (13,540) |
Net income available to common stockholders |  |  |  |  | $ | 252,960 |  |  | $ | 210,551 |  | $ | 4,837 |
Less: Dividends on participating securities |  |  |  |  | (4,132) |  |  | (3,877) |  | (3,431) |
Basic Earnings |  |  |  |  | $ | 248,828 |  |  | $ | 206,674 |  | $ | 1,406 |
Diluted Earnings |  |  |  |  |  |  |  |
Basic Earnings |  |  |  |  | $ | 248,828 |  |  | $ | 206,674 |  | $ | 1,406 |
Add: Dividends on participating securities |  |  |  |  | 4,132 |  |  | 3,877 |  | — |
Add: Interest expense on Convertible Notes |  |  |  |  | 25,385 |  |  | 35,020 |  | — |
Diluted Earnings |  |  |  |  | $ | 278,345 |  |  | $ | 245,571 |  | $ | 1,406 |
Number of Shares: |  |  |  |  |  |  |  |
Basic weighted-average shares of common stock outstanding |  |  |  |  | 140,534,635 |  |  | 139,869,244 |  | 148,004,385 |
Diluted weighted-average shares of common stock outstanding |  |  |  |  | 165,504,660 |  |  | 168,402,515 |  | 148,004,385 |
Earnings Per Share Attributable to Common Stockholders |  |  |  |  |  |  |  |
Basic |  |  |  |  | $ | 1.77 |  |  | $ | 1.48 |  | $ | 0.01 |
Diluted |  |  |  |  | $ | 1.68 |  |  | $ | 1.46 |  | $ | 0.01 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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