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(Loss) Earnings Per Common Share (Tables) | 12 Months Ended
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Dec. 31, 2023
Earnings Per Share [Abstract] |
Computation of Basic and Dilutive (Loss) Earnings Per Share | The following table presents the computation of basic and diluted (loss) earnings per common share for the periods indicated (dollar and share amounts in thousands, except per share amounts):
|  | For the Years Ended December 31,
|  | 2023 |  | 2022 |  | 2021
Basic (Loss) Earnings per Common Share: |  |  |  |  |  |
Net (loss) income attributable to Company |  | $ | (48,665) |  |  | $ | (298,605) |  |  | $ | 193,200 |
Less: Preferred Stock dividends |  | (41,837) |  |  | (41,972) |  |  | (42,859) |
Plus: Gain on repurchase of Preferred Stock |  | 467 |  |  | — |  |  | — |
Less: Preferred Stock redemption charge |  | — |  |  | — |  |  | (6,165) |
Net (loss) income attributable to Company’s common stockholders |  | $ | (90,035) |  |  | $ | (340,577) |  |  | $ | 144,176 |
Basic weighted average common shares outstanding |  | 91,042 |  |  | 94,322 |  |  | 94,808 |
Basic (Loss) Earnings per Common Share |  | $ | (0.99) |  |  | $ | (3.61) |  |  | $ | 1.52 |
Diluted (Loss) Earnings per Common Share: |  |  |  |  |  |
Net (loss) income attributable to Company |  | $ | (48,665) |  |  | $ | (298,605) |  |  | $ | 193,200 |
Less: Preferred Stock dividends |  | (41,837) |  |  | (41,972) |  |  | (42,859) |
Plus: Gain on repurchase of Preferred Stock |  | 467 |  |  | — |  |  | — |
Less: Preferred Stock redemption charge |  | — |  |  | — |  |  | (6,165) |
Net (loss) income attributable to Company’s common stockholders |  | $ | (90,035) |  |  | $ | (340,577) |  |  | $ | 144,176 |
Weighted average common shares outstanding |  | 91,042 |  |  | 94,322 |  |  | 94,808 |
Net effect of assumed PSUs vested |  | — |  |  | — |  |  | 385 |
Net effect of assumed RSUs vested |  | — |  |  | — |  |  | 49 |
Diluted weighted average common shares outstanding |  | 91,042 |  |  | 94,322 |  |  | 95,242 |
Diluted (Loss) Earnings per Common Share |  | $ | (0.99) |  |  | $ | (3.61) |  |  | $ | 1.51 |

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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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