v3.26.1
Shareholders' Equity and Share-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Share-Based Payment Arrangement, Activity The following table presents a rollforward of share-based awards for the periods indicated:
Six Months Ended
June 30,
 20262025
Type of AwardShares
Weighted Average
Grant Date
Fair Value
 Per Share
Shares
Weighted Average
Grant Date
Fair Value
 Per Share
Restricted stock:
Awards outstanding, beginning of period25,105 $12.34 93,595 $12.78 
Granted— — — — 
Vested(16,265)12.25 (66,860)12.96 
Awards outstanding, end of period8,840 $12.50 26,735 $12.34 
Target RSUs: (1)
Awards outstanding, beginning of period738,223 $12.79 463,070 $12.64 
Granted569,942 13.59 399,096 12.78 
Vested(352,477)

12.59 (150,199)12.63 
Awards outstanding, end of period955,688 $13.34 711,967 $12.72 
Target PSUs: (2)
Awards outstanding, beginning of period693,414 $12.26 482,409 $12.32 
Granted590,231 13.68 371,282 12.05 
Vested(129,870)12.26 — — 
Forfeited
(55,185)13.68 — — 
Awards outstanding, end of period1,098,590 $12.95 853,691 $12.20 
(1)The number of RSUs shown represent the target number of awards. Actual number of shares that will potentially settle may range from 0% if the recipient’s service-based vesting condition is not met to 100% if the service-based vesting condition is met.
(2)The number of PSUs shown represent the target number of awards. Actual number of shares that will potentially settle may range from 0% to 200% based on the achievement of the performance goals defined in each grant award.
Schedule of Dividends Payable
The following table discloses the dividends payable to the Company’s shareholders for common and preferred stock as well as to its employees and directors for DERs related to its outstanding RSUs and PSUs as of the dates indicated:
Dividends Payable
June 30, 2026December 31, 2025
($s in thousands)
RSU DERs$1,598 $1,578 
PSU DERs3,064 3,423 
Accrued DERs
4,662 5,001 
Common stock dividends
$40,038 $29,877 
Preferred stock dividends
2,243 2,293 
Accrued dividends
42,281 32,170 
Total dividends payable$46,943 $37,171 
Share-Based Payment Arrangement, Nonvested Award, Cost The following table discloses the Company’s remaining compensation expense related to stock awards it has granted as of June 30, 2026, which will be amortized over the period disclosed:
June 30, 2026
($s in thousands)
Remaining Compensation CostWAVG Period of Recognition
Restricted stock$73 0.7 years
RSUs7,301 2.1 years
PSUs6,141 2.1 years
Total$13,515 2.1 years