v3.25.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Schedule of components of basic and diluted weighted-average shares
The following table presents information about basic and diluted weighted-average shares outstanding:
 Three Months Ended 
June 30,
Six Months Ended 
June 30,
(in thousands)2025202420252024
Numerator (for basic and diluted earnings per share)
Net income (loss)$(35,962)$1,429 $(39,417)$3,055 
Less preferred stock dividends(15,722)(14,432)(31,110)(28,809)
Numerator for basic and diluted earnings per share$(51,684)$(13,003)$(70,527)$(25,754)
Denominator
Basic weighted-average shares outstanding87,925 85,673 87,420 85,282 
Effect of dilutive securities— — — — 
Diluted weighted-average shares outstanding87,925 85,673 87,420 85,282