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Subsequent Events | 12 Months Ended
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Dec. 31, 2022
Subsequent Events [Abstract] |
Subsequent Events | 21. Subsequent Events Reverse Stock Split On February 22, 2023, the Company announced that the Board approved a one-for-four reverse stock split of the Company's common stock. The reverse stock split is expected to take effect on March 9, 2023, upon which date every four issued and outstanding shares of the Company’s common stock will be converted into one share of the Company’s common stock, with a proportionate reduction in the Company’s authorized shares of common stock, outstanding equity awards and number of shares remaining available for issuance under the 2017 Plan. The par value of each share of common stock will remain unchanged. The following table presents the Company's pro forma (loss) earnings per common share on a post-reverse split basis for the years ended December 31, 2022, 2021 and 2020, respectively (amounts in thousands, except per share data):
|  | Pro Forma (Unaudited)
|  | For the Years Ended December 31,
|  | 2022 |  | 2021 |  | 2020
Net (loss) income attributable to Company’s common stockholders |  | $ | (340,577) |  |  | $ | 144,176 |  |  | $ | (329,696) |
Basic (loss) earnings per common share |  | $ | (3.61) |  |  | $ | 1.52 |  |  | $ | (3.55) |
Diluted (loss) earnings per common share |  | $ | (3.61) |  |  | $ | 1.51 |  |  | $ | (3.55) |
Weighted average shares outstanding-basic |  | 94,322 |  |  | 94,808 |  |  | 92,751 |
Weighted average shares outstanding-diluted |  | 94,322 |  |  | 95,242 |  |  | 92,751 |
Extension of Share Repurchase Program On February 20, 2023, the Board authorized an extension of our share repurchase program through March 31, 2024. Repurchase of Residential Loan Securitization CDOs In February 2023, the Company repurchased $60.3 million par value of its residential loan securitization CDOs for approximately $58.7 million.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI https://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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