v3.26.1
Income (Loss) Per Share - Schedule of Amounts Used in Calculating Basic and Diluted Earnings (Loss) Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income (loss) allocated to common stockholders – basic and diluted:        
Income (loss) attributable to the Company $ 127,993 $ (30,396) $ 64,221 $ (50,367)
Less: dividends on preferred stock, declared and undeclared (2,714) (7,017) (5,428) (13,746)
Less: deemed dividends on redeemable preferred stock (4,600) (2,530) (9,200) (3,587)
Distributed and undistributed income (loss) allocated to common stockholders – basic 120,679 (39,943) 49,593 (67,700)
Net income (loss) attributable to redeemable noncontrolling interests in operating partnership 0 (631) 0 0
Distributed and undistributed income (loss) allocated to common stockholders – basic and diluted $ 125,279 $ (40,574) $ 58,793 $ (67,700)
Weighted average common shares outstanding:        
Weighted average shares outstanding - basic (in shares) 6,443 5,804 6,442 5,728
Weighted average shares outstanding - diluted (in shares) 77,465 5,895 83,944 5,728
Basic income (loss) per share:        
Net income (loss) allocated to common stockholders per share (in dollars per share) $ 18.73 $ (6.88) $ 7.70 $ (11.82)
Diluted income (loss) per share:        
Net income (loss) allocated to common stockholders per share (in dollars per share) $ 1.62 $ (6.88) $ 0.70 $ (11.82)
Preferred Stock, Series J        
Income (loss) allocated to common stockholders – basic and diluted:        
Add back: dividends on preferred stock $ 3,843 $ 0 $ 7,685 $ 0
Weighted average common shares outstanding:        
Effect of assumed conversion of preferred stock (in shares) 59,292 0 64,701 0
Series K Preferred Stock        
Income (loss) allocated to common stockholders – basic and diluted:        
Add back: dividends on preferred stock $ 381 $ 0 $ 762 $ 0
Weighted average common shares outstanding:        
Effect of assumed conversion of preferred stock (in shares) 5,641 0 6,156 0
Preferred Stock, Series L        
Income (loss) allocated to common stockholders – basic and diluted:        
Add back: dividends on preferred stock $ 111 $ 0 $ 223 $ 0
Weighted average common shares outstanding:        
Effect of assumed conversion of preferred stock (in shares) 1,838 0 2,006 0
Preferred Stock, Series M        
Income (loss) allocated to common stockholders – basic and diluted:        
Add back: dividends on preferred stock $ 265 $ 0 $ 530 $ 0
Weighted average common shares outstanding:        
Effect of assumed conversion of preferred stock (in shares) 4,251 0 4,639 0
Operating partnership units        
Weighted average common shares outstanding:        
Effect of assumed conversion of preferred stock (in shares) 0 91 0 0