XML 64 R47.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Earnings Per Share (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Earnings Per Share [Abstract] |
Computation of Basic and Dilutive Net Income Per Share | The following table presents the computation of basic and diluted earnings (loss) per common share for the periods indicated (dollar and share amounts in thousands, except per share amounts):
|  | For the Years Ended December 31,
|  | 2021 |  | 2020 |  | 2019
Basic Earnings (Loss) per Common Share |  |  |  |  |  |
Net income (loss) attributable to Company |  | $ | 193,200 |  |  | $ | (288,510) |  |  | $ | 173,736 |
Less: Preferred Stock dividends |  | (42,859) |  |  | (41,186) |  |  | (28,901) |
Less: Preferred Stock redemption charge |  | (6,165) |  |  | — |  |  | — |
Net income (loss) attributable to Company’s common stockholders |  | $ | 144,176 |  |  | $ | (329,696) |  |  | $ | 144,835 |
Basic weighted average common shares outstanding |  | 379,232 |  |  | 371,004 |  |  | 221,380 |
Basic Earnings (Loss) per Common Share |  | $ | 0.38 |  |  | $ | (0.89) |  |  | $ | 0.65 |
Diluted Earnings (Loss) per Common Share: |  |  |  |  |  |
Net income (loss) attributable to Company |  | $ | 193,200 |  |  | $ | (288,510) |  |  | $ | 173,736 |
Less: Preferred Stock dividends |  | (42,859) |  |  | (41,186) |  |  | (28,901) |
Less: Preferred Stock redemption charge |  | (6,165) |  |  | — |  |  | — |
Add back: Interest expense on Convertible Notes for the period, net of tax |  | — |  |  | — |  |  | 10,662 |
Net income (loss) attributable to Company’s common stockholders |  | $ | 144,176 |  |  | $ | (329,696) |  |  | $ | 155,497 |
Weighted average common shares outstanding |  | 379,232 |  |  | 371,004 |  |  | 221,380 |
Net effect of assumed Convertible Notes conversion to common shares |  | — |  |  | — |  |  | 19,695 |
Net effect of assumed PSUs vested |  | 1,541 |  |  | — |  |  | 1,521 |
Net effect of assumed RSUs vested |  | 195 |  |  | — |  |  | — |
Diluted weighted average common shares outstanding |  | 380,968 |  |  | 371,004 |  |  | 242,596 |
Diluted Earnings (Loss) per Common Share |  | $ | 0.38 |  |  | $ | (0.89) |  |  | $ | 0.64 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration