Net Income Per Share (Tables)

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Schedule of computations of net income per basic and diluted share

Computations of net income per basic and diluted share (in thousands, except share and per share data) were as follows:


						For the Three Months Ended
						March 31,
						2025						2024
Net income						$	31,077					$	39,428
Preferred stock dividends						(781)						(338)
Distribution to participating securities						(747)						(544)
Net income attributable to common stockholders used to compute net income per share – basic						29,549						38,546
Dilutive effect of Exchangeable Senior Notes						—						28
Net income attributable to common stockholders used to compute net income per share – diluted						$	29,549					$	38,574

Weighted-average common shares outstanding:
Basic						28,275,549						28,145,017
Restricted stock and RSUs						312,473						278,890

Dilutive effect of Exchangeable Senior Notes						—						38,079
Diluted						28,588,022						28,461,986
Net income attributable to common stockholders per share:
Basic						$	1.05					$	1.37
Diluted						$	1.03					$	1.36