v3.26.1
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Series A Preferred Stock
Series A Preferred Stock
Series A Preferred Stock
Series A Preferred Stock
Common Stock
Additional Paid-In- Capital
Dividends in Excess of Earnings
Balances at beginning of period (in shares) at Dec. 31, 2024     1,002,673   28,331,833    
Balances at beginning of period at Dec. 31, 2024 $ 1,936,060   $ 23,632   $ 28 $ 2,124,113 $ (211,713)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 57,101           57,101
Issuance of unvested restricted stock, net of forfeitures (in shares)         57,225    
Issuance of unvested restricted stock, net of forfeitures $ (792)         (792)  
Issuance of preferred stock, net of issuance costs (in shares)       558,981      
Issuance of preferred stock, net of issuance costs   $ 13,211   $ 13,211      
Repurchase of common stock (in shares) (371,538)       (371,538)    
Repurchase of common stock $ (20,108)         (20,108)  
Preferred stock dividends (1,659)           (1,659)
Common stock dividends (108,246)           (108,246)
Forfeiture of unvested restricted stock units 89           89
Stock-based compensation 4,750         4,750  
Balances at end of period (in shares) at Jun. 30, 2025     1,561,654   28,017,520    
Balances at end of period at Jun. 30, 2025 1,880,406   $ 36,843   $ 28 2,107,963 (264,428)
Balances at beginning of period (in shares) at Dec. 31, 2024     1,002,673   28,331,833    
Balances at beginning of period at Dec. 31, 2024 1,936,060   $ 23,632   $ 28 2,124,113 (211,713)
Balances at end of period (in shares) at Dec. 31, 2025     2,019,525   28,022,975    
Balances at end of period at Dec. 31, 2025 1,848,004   $ 47,780   $ 28 2,113,184 (312,988)
Balances at beginning of period (in shares) at Mar. 31, 2025     1,387,820   28,378,181    
Balances at beginning of period at Mar. 31, 2025 1,922,164   $ 32,818   $ 28 2,125,109 (235,791)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income $ 26,024           26,024
Issuance of unvested restricted stock, net of forfeitures (in shares)         6,291    
Issuance of preferred stock, net of issuance costs (in shares)       173,834      
Issuance of preferred stock, net of issuance costs   4,025   $ 4,025      
Repurchase of common stock (in shares) (366,952)       (366,952)    
Repurchase of common stock $ (19,818)         (19,818)  
Preferred stock dividends (878)           (878)
Common stock dividends (53,783)           (53,783)
Stock-based compensation 2,672         2,672  
Balances at end of period (in shares) at Jun. 30, 2025     1,561,654   28,017,520    
Balances at end of period at Jun. 30, 2025 1,880,406   $ 36,843   $ 28 2,107,963 (264,428)
Balances at beginning of period (in shares) at Dec. 31, 2025     2,019,525   28,022,975    
Balances at beginning of period at Dec. 31, 2025 1,848,004   $ 47,780   $ 28 2,113,184 (312,988)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Preferred stock dividends (2,654)            
Balances at end of period (in shares) at Mar. 31, 2026     4,718,048   28,314,520    
Balances at end of period at Mar. 31, 2026 1,894,540   $ 108,081   $ 28 2,123,710 (337,279)
Balances at beginning of period (in shares) at Dec. 31, 2025     2,019,525   28,022,975    
Balances at beginning of period at Dec. 31, 2025 1,848,004   $ 47,780   $ 28 2,113,184 (312,988)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 76,661           76,661
Issuance of unvested restricted stock, net of forfeitures (in shares)         139,786    
Issuance of unvested restricted stock, net of forfeitures (962)         (962)  
Issuance of preferred stock, net of issuance costs (in shares)       3,646,557 859,497    
Issuance of preferred stock, net of issuance costs $ 44,031 81,215   $ 81,215 $ 1 44,030  
Repurchase of common stock (in shares) (1,468,542)       (1,468,542)    
Repurchase of common stock $ (88,969)       $ (1) (88,968)  
Preferred stock dividends (5,841)           (5,841)
Common stock dividends (107,573)           (107,573)
Conversion of restricted stock units into common stock, net of forfeitures (in shares)         17,633    
Conversion of restricted stock units into common stock, net of forfeitures (377)         (377)  
Stock-based compensation 5,410         5,410  
Balances at end of period (in shares) at Jun. 30, 2026     5,666,082   27,571,349    
Balances at end of period at Jun. 30, 2026 1,851,599   $ 128,995   $ 28 2,072,317 (349,741)
Balances at beginning of period (in shares) at Mar. 31, 2026     4,718,048   28,314,520    
Balances at beginning of period at Mar. 31, 2026 1,894,540   $ 108,081   $ 28 2,123,710 (337,279)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 43,852           43,852
Issuance of unvested restricted stock, net of forfeitures (in shares)         44,529    
Issuance of preferred stock, net of issuance costs (in shares)       948,034 680,842    
Issuance of preferred stock, net of issuance costs $ 34,750 $ 20,914   $ 20,914 $ 1 34,749  
Repurchase of common stock (in shares) (1,468,542)       (1,468,542)    
Repurchase of common stock $ (88,969)       $ (1) (88,968)  
Preferred stock dividends (3,187)           (3,187)
Common stock dividends (53,127)           (53,127)
Stock-based compensation 2,826         2,826  
Balances at end of period (in shares) at Jun. 30, 2026     5,666,082   27,571,349    
Balances at end of period at Jun. 30, 2026 $ 1,851,599   $ 128,995   $ 28 $ 2,072,317 $ (349,741)