v3.26.1
EARNINGS PER COMMON SHARE - Basic and Diluted Earnings per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Net income (loss) $ 19,888 $ 12,024 $ 38,351 $ (128,950)
Preferred dividends declared (2,228) (2,228) (4,456) (4,456)
Net income (loss) available to common shareholders 17,660 9,796 33,895 (133,406)
Common shareholder dividends (6,634) (6,670) (13,351) (13,336)
Unvested restricted stock award dividends (165) (115) (337) (231)
Undistributed earnings to unvested restricted stock awards (252) (48) (481) 0
Undistributed earnings (loss) to common shareholders 10,609 2,963 19,726 (146,973)
Basic        
Distributed earnings to common shareholders 6,634 6,670 13,351 13,336
Undistributed earnings (loss) to common shareholders 10,609 2,963 19,726 (146,973)
Total common shareholders earnings (loss), basic 17,243 9,633 33,077 (133,637)
Diluted        
Distributed earnings to common shareholders 6,634 6,670 13,351 13,336
Undistributed earnings (loss) to common shareholders 10,609 2,963 19,726 (146,973)
Total common shareholders earnings (loss) 17,243 9,633 33,077 (133,637)
Add back:        
Undistributed earnings reallocated from unvested restricted stock awards 0 0 0 0
Total common shareholders earnings (loss), diluted $ 17,243 $ 9,633 $ 33,077 $ (133,637)
Weighted average common shares outstanding, basic (in shares) 21,074,683 21,820,190 21,187,341 21,808,475
Dilutive effect of options (in shares) 0 0 0 0
Weighted average common shares outstanding, diluted (in shares) 21,074,683 21,820,190 21,187,341 21,808,475
Basic earnings (loss) per common share (in dollars per share) $ 0.82 $ 0.44 $ 1.56 $ (6.13)
Diluted earnings (loss) per common share (in dollars per share) $ 0.82 $ 0.44 $ 1.56 $ (6.13)
Stock option        
Add back:        
Antidilutive stock options (in shares) 151,467 249,277 151,467 249,277