Equity and Earnings per Share ("EPS") (Tables)

3 Months Ended

Mar. 31, 2026

Equity [Abstract]

Schedule of Basic and Diluted Earnings Per Share

The following table sets forth the calculation of basic and diluted earnings per share for the three months ended March 31, 2026 and 2025:


						March 31, 2026						March 31, 2025
						(in thousands, except share and per share data)
Basic Earnings (Loss) per Common Share:
Net income (loss) to common stockholders						$	(7,379)					$	20,531
Dividends allocated to participating securities						(50)						(33)
Net income (loss) to common stockholders - basic						$	(7,429)					$	20,498
Basic weighted average common shares outstanding						24,757,346						23,396,151
Basic earnings (loss) per common share						$	(0.30)					$	0.88

Diluted Earnings (Loss) per Common Share:
Net income (loss) to common stockholders - basic						$	(7,379)					$	20,531
Dividends allocated to participating securities						(50)						(33)
Net income (loss) to common stockholders - diluted						$	(7,429)					$	20,498
Basic weighted average common shares outstanding						24,757,346						23,396,151
Net effect of dilutive equity awards						—						248,447
Diluted weighted average common shares outstanding						24,757,346						23,644,598
Diluted earnings (loss) per common share						$	(0.30)					$	0.87