v3.25.2
EARNINGS PER COMMON SHARE - Basic and Diluted Earnings per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Net (loss) income $ (140,974) $ 22,663
Preferred dividends declared (2,228) (2,228)
Net (loss) income available to common shareholders (143,202) 20,435
Common shareholder dividends (6,666) (6,666)
Unvested restricted stock award dividends (116) (106)
Undistributed earnings to unvested restricted stock awards 0 (209)
Undistributed (loss) earnings to common shareholders (149,984) 13,454
Basic    
Distributed earnings to common shareholders 6,666 6,666
Undistributed (loss) earnings to common shareholders (149,984) 13,454
Total common shareholders (loss) earnings, basic (143,318) 20,120
Diluted    
Distributed earnings to common shareholders 6,666 6,666
Undistributed (loss) earnings to common shareholders (149,984) 13,454
Total common shareholders (loss) earnings (143,318) 20,120
Add back:    
Undistributed earnings reallocated from unvested restricted stock awards 0 0
Total common shareholders (loss) earnings, diluted $ (143,318) $ 20,120
Weighted average common shares outstanding, basic (in shares) 21,795,570 21,774,647
Dilutive effect of options (in shares) 0 13,044
Weighted average common shares outstanding, diluted (in shares) 21,795,570 21,787,691
Basic (loss) earnings per common share (in dollars per share) $ (6.58) $ 0.92
Diluted (loss) earnings per common share (in dollars per share) $ (6.58) $ 0.92
Stock option    
Add back:    
Antidilutive stock options (in shares) 253,061 235,652