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Earnings (Loss) Per Share (Tables) | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
Schedule of Reconciliation of Basic and Diluted Earnings Per Common Share | The following is a reconciliation of basic and diluted earnings (loss) per common share (in thousands, except share and per-share data):
| For the three months ended June 30, |  | For the six months ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to common shareholders | $ | 7,424 |  |  | $ | 20,304 |  |  | $ | (36,154) |  |  | $ | (18,677) |
Less: Dividends paid on unvested share-based compensation | (8) |  |  | (10) |  |  | (17) |  |  | (19) |
Less: Undistributed earnings attributable to share-based compensation | (45) |  |  | (147) |  |  | — |  |  | — |
Net income (loss) available to common shareholders — basic | $ | 7,371 |  |  | $ | 20,147 |  |  | $ | (36,171) |  |  | $ | (18,696) |
Plus: Interest expense on convertible notes | — |  |  | 3,281 |  |  | — |  |  | — |
Net income (loss) available to common shareholders — diluted | $ | 7,371 |  |  | $ | 23,428 |  |  | $ | (36,171) |  |  | $ | (18,696) |
Denominator: |  |  |  |  |  |  |
Weighted-average number of common shares — basic | 118,172,417 |  |  | 120,094,380 |  |  | 118,685,483 |  |  | 120,089,803 |
Effect of dilutive share-based compensation | 211,029 |  |  | 209,309 |  |  | — |  |  | — |
Effect of dilutive convertible notes | — |  |  | 29,441,175 |  |  | — |  |  | — |
Weighted-average number of common shares — diluted | 118,383,446 |  |  | 149,744,864 |  |  | 118,685,483 |  |  | 120,089,803 |
Net income (loss) per share available to common shareholders — basic | $ | 0.06 |  |  | $ | 0.17 |  |  | $ | (0.30) |  |  | $ | (0.16) |
Net income (loss) per share available to common shareholders — diluted | $ | 0.06 |  |  | $ | 0.16 |  |  | $ | (0.30) |  |  | $ | (0.16) |

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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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