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Income (Loss) Per Share - Schedule of Amounts Used in Calculating Basic and Diluted Earnings (Loss) Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income (loss) allocated to common stockholders – basic and diluted:        
Income (loss) attributable to the Company $ (30,396) $ 50,254 $ (50,367) $ 121,815
Less: dividends on preferred stock (7,017) (5,468) (13,746) (10,479)
Less: deemed dividends on redeemable preferred stock (2,530) (669) (3,587) (1,351)
Add: gain (loss) on extinguishment of preferred stock 0 211 0 1,784
Less: net (income) loss allocated to performance stock units 0 (203) 0 (542)
Distributed and undistributed income (loss) allocated to common stockholders – basic (39,943) 44,125 (67,700) 111,227
Net income (loss) attributable to redeemable noncontrolling interests in operating partnership (631) 0 0 0
Distributed and undistributed income (loss) allocated to common stockholders – basic and diluted $ (40,574) $ 47,425 $ (67,700) $ 117,341
Weighted average common shares outstanding:        
Weighted average common shares outstanding - basic (in shares) 5,804 4,324 5,728 4,085
Weighted average common shares outstanding - diluted (in shares) 5,895 18,936 5,728 15,305
Basic income (loss) per share:        
Net income (loss) allocated to common stockholders per share (in dollars per share) $ (6.88) $ 10.20 $ (11.82) $ 27.23
Diluted income (loss) per share:        
Net income (loss) allocated to common stockholders per share (in dollars per share) $ (6.88) $ 2.50 $ (11.82) $ 7.67
Preferred Stock, Series J        
Income (loss) allocated to common stockholders – basic and diluted:        
Dividends $ 0 $ 3,026 $ 0 $ 5,693
Weighted average common shares outstanding:        
Effect of assumed conversion of preferred stock (in shares) 0 13,709 0 10,557
Preferred Stock, Series K        
Income (loss) allocated to common stockholders – basic and diluted:        
Dividends $ 0 $ 274 $ 0 $ 421
Weighted average common shares outstanding:        
Effect of assumed conversion of preferred stock (in shares) 0 903 0 663
Operating partnership units        
Weighted average common shares outstanding:        
Effect of assumed conversion of preferred stock (in shares) 91 0 0 0