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Net Income (Loss) per Share (Tables) | 12 Months Ended
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Dec. 31, 2024
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 years ended December 31, 2024, 2023 and 2022 ($ in thousands except per share data):
|  | Year Ended December 31, |
Basic Earnings |  | 2024 |  |  | 2023 |  |  | 2022 |
Net income (loss) |  | $ | (119,636 | ) |  | $ | 58,127 |  |  | $ | 265,232 |
Less: Preferred dividends |  |  | (12,272 | ) |  |  | (12,272 | ) |  |  | (12,272 | )
Less: Earnings attributable to participating securities |  |  | — |  |  |  | — |  |  |  | — |
Less: Dividends on participating securities |  |  | (3,252 | ) |  |  | (4,353 | ) |  |  | (4,132 | )
Basic Earnings (Loss) |  | $ | (135,160 | ) |  | $ | 41,502 |  |  | $ | 248,828 |
Dilutive Earnings |  |  |  |  |  |  |  |  |
Basic Earnings (Loss) |  | $ | (135,160 | ) |  | $ | 41,502 |  |  | $ | 248,828 |
Add: Dividends on participating securities |  |  | — |  |  |  | — |  |  |  | 4,132 |
Add: Interest expense on Convertible Notes |  |  | — |  |  |  | — |  |  |  | 25,385 |
Diluted Earnings (Loss) |  | $ | (135,160 | ) |  | $ | 41,502 |  |  | $ | 278,345 |
Number of Shares: |  |  |  |  |  |  |  |  |
Basic weighted-average shares of common stock outstanding |  |  | 139,674,140 |  |  |  | 141,281,286 |  |  |  | 140,534,635 |
Diluted weighted-average shares of common stock outstanding |  |  | 139,674,140 |  |  |  | 141,281,286 |  |  |  | 165,504,660 |
Earnings (Loss) Per Share Attributable to Common Stockholders |  |  |  |  |  |  |  |  |
Basic |  | $ | (0.97 | ) |  | $ | 0.29 |  |  | $ | 1.77 |
Diluted |  | $ | (0.97 | ) |  | $ | 0.29 |  |  | $ | 1.68 |

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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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