v3.26.1
Earnings per Share of Common Stock (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Numerator:    
Net income (loss) attributable to controlling stockholders and participating securities $ (71,965) $ 56,612
Less: Dividends and distributions on participating securities (600) (500)
Less: Undistributed earnings attributable to participating securities 0 0
Net income (loss) attributable to controlling stockholders — basic (72,600) 56,100
Add: Interest expense related to Convertible Notes under the if-converted method 0 4,500
Add: Undistributed earnings attributable to participating securities 0 0
Net income (loss) attributable to controlling stockholders — dilutive $ (72,600) $ 60,600
Denominator:    
Weighted-average number of common shares — basic (in shares) 127,577,861 119,381,781
Weighted-average number of common shares — diluted (in shares) 127,577,861 137,956,858
Basic earnings per common share (in usd per share) $ (0.57) $ 0.47
Diluted earnings per common share (in usd per share) $ (0.57) $ 0.44
Securities being allocated a portion of earnings:    
Weighted-average number of OP units (in shares) 1,882,735 1,447,380
Participating securities:    
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions outstanding at period end (in shares) 1,330,076 1,254,135
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions    
Potentially dilutive securities as of period end that were not dilutive for the presented periods:    
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 1,330,076 1,254,135
Restricted stock units    
Potentially dilutive securities as of period end that were not dilutive for the presented periods:    
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 0 57,446
LTIP Units with market-based vesting conditions    
Potentially dilutive securities as of period end that were not dilutive for the presented periods:    
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 350,900 282,034
LTIP Units with performance-based vesting conditions    
Potentially dilutive securities as of period end that were not dilutive for the presented periods:    
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 350,899 247,759
Potential shares of common stock related to Convertible Notes    
Potentially dilutive securities as of period end that were not dilutive for the presented periods:    
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 14,923,533 0