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Net Income (Loss) per Share (Tables) | 9 Months Ended
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Sep. 30, 2023
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 (loss) per share of common stock for the three and nine months ended September 30, 2023 and 2022 ($ in thousands except per share data):
| Three months ended September 30, |  | Nine months ended September 30, |
| 2023 |  | 2022 |  | 2023 |  | 2022 |
Basic Earnings |  |  |  |  |  |  |  |
Net income (loss) | $ | 46,071 |  |  | $ | 183,030 |  |  | $ | 11,587 |  |  | $ | 269,219 |  |
Less: Preferred dividends | (3,068) |  |  | (3,068) |  |  | (9,204) |  |  | (9,204) |  |
Net income (loss) available to common stockholders | $ | 43,003 |  |  | $ | 179,962 |  |  | $ | 2,383 |  |  | $ | 260,015 |  |
Less: Dividends on participating securities | (989) |  |  | (898) |  |  | (2,989) |  |  | (2,698) |  |
Basic Earnings (Loss) | $ | 42,014 |  |  | $ | 179,064 |  |  | $ | (606) |  |  | $ | 257,317 |  |
Diluted Earnings |  |  |  |  |  |  |  |
Basic Earnings (Loss) | $ | 42,014 |  |  | $ | 179,064 |  |  | $ | (606) |  |  | $ | 257,317 |  |
Add: Dividends on participating securities | — |  |  | 898 |  |  | — |  |  | 2,698 |  |
Add: Interest expense on Convertible Notes | — |  |  | 5,684 |  |  | — |  |  | 20,608 |  |
Diluted Earnings | $ | 42,014 |  |  | $ | 185,646 |  |  | $ | (606) |  |  | $ | 280,623 |  |
Number of Shares: |  |  |  |  |  |  |  |
Basic weighted-average shares of common stock outstanding | 141,350,428 |  |  | 140,594,987 |  |  | 141,255,730 |  |  | 140,513,957 |  |
Diluted weighted-average shares of common stock outstanding | 141,350,428 |  |  | 164,350,132 |  |  | 141,255,730 |  |  | 169,252,602 |  |
Earnings (Loss) Per Share Attributable to Common Stockholders |  |  |  |  |  |  |  |
Basic | $ | 0.30 |  |  | $ | 1.27 |  |  | $ | — |  |  | $ | 1.83 |  |
Diluted | $ | 0.30 |  |  | $ | 1.13 |  |  | $ | — |  |  | $ | 1.66 |  |

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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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