v3.26.3
Consolidated Statements of Shareholders' Equity Statement - USD ($)
Total
Preferred Stock
Preferred Stock Including Additional Paid in Capital
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Balance, Preferred shares outstanding (in shares) at Dec. 31, 2024   4,460,000          
Balance, Common shares outstanding at Dec. 31, 2024       84,491,800      
Balance, Preferred shares outstanding (in shares) at Sep. 30, 2025   4,460,000          
Balance, Common shares outstanding at Sep. 30, 2025       145,714,136      
Balance at Dec. 31, 2024 $ 1,184,936,000   $ 107,843,000 $ 845,000 $ 1,742,471,000 $ (172,489,000) $ (493,734,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock issuance, shares       61,025,405      
Stock issuance, value 775,946,000     $ 610,000 775,336,000    
Share-based compensation, net of amortization, after forfeitures, shares       290,237      
Shared-based compensation, net of amortization, after forfeitures, value 8,316,000     $ 3,000 8,313,000    
Adjustments for tax withholding on share based compensation (in shares)       (93,306)      
Adjustments for tax withholding on share-based compensation (1,622,000)     $ (1,000) 1,621,000    
Stock issuance costs (213,000)       213,000    
Net (loss) income 133,707,000           133,707,000
Preferred stock dividends (7,431,000)           (7,431,000)
Dividends on common stock (174,511,000)           (174,511,000)
Other comprehensive income (loss) 38,420,000         38,420,000  
Balance at Sep. 30, 2025 1,957,548,000   107,843,000 $ 1,457,000 2,524,286,000 (134,069,000) (541,969,000)
Balance, Preferred shares outstanding (in shares) at Jun. 30, 2025   4,460,000          
Balance, Common shares outstanding at Jun. 30, 2025       125,358,375      
Balance, Preferred shares outstanding (in shares) at Sep. 30, 2025   4,460,000          
Balance, Common shares outstanding at Sep. 30, 2025       145,714,136      
Balance at Jun. 30, 2025 1,609,993,000   107,843,000 $ 1,253,000 2,268,143,000 (149,035,000) (618,211,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock issuance, shares       20,312,637      
Stock issuance, value 254,139,000     $ 203,000 253,936,000    
Share-based compensation, net of amortization, after forfeitures, shares       77,284      
Shared-based compensation, net of amortization, after forfeitures, value 2,801,000     $ 1,000 2,800,000    
Adjustments for tax withholding on share based compensation (in shares)       (34,160)      
Adjustments for tax withholding on share-based compensation (441,000)       441,000    
Stock issuance costs (152,000)       152,000    
Net (loss) income 150,388,000           150,388,000
Preferred stock dividends (2,827,000)           (2,827,000)
Dividends on common stock (71,319,000)           (71,319,000)
Other comprehensive income (loss) 14,966,000         14,966,000  
Balance at Sep. 30, 2025 $ 1,957,548,000   107,843,000 $ 1,457,000 2,524,286,000 (134,069,000) (541,969,000)
Balance, Preferred shares outstanding (in shares) at Dec. 31, 2025 4,460,000 4,460,000          
Balance, Common shares outstanding at Dec. 31, 2025 174,814,912     174,814,912      
Balance, Preferred shares outstanding (in shares) at Sep. 30, 2026 9,260,000 9,260,000          
Balance, Common shares outstanding at Sep. 30, 2026 258,430,745     258,430,745      
Balance at Dec. 31, 2025 $ 2,462,144,000   107,843,000 $ 1,748,000 2,921,551,000 (127,061,000) (441,937,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock issuance, shares   4,800,000   83,119,388      
Stock issuance, value 1,216,801,000   115,750,000 $ 831,000 1,100,220,000    
Share-based compensation, net of amortization, after forfeitures, shares       838,431      
Shared-based compensation, net of amortization, after forfeitures, value 8,307,000     $ 8,000 8,299,000    
Adjustments for tax withholding on share based compensation (in shares)       (341,986)      
Adjustments for tax withholding on share-based compensation (4,615,000)     $ (3,000) 4,612,000    
Stock issuance costs (311,000)       311,000    
Net (loss) income (235,106,000)           (235,106,000)
Preferred stock dividends (8,076,000)           (8,076,000)
Dividends on common stock (349,547,000)           (349,547,000)
Other comprehensive income (loss) (37,542,000)         (37,542,000)  
Balance at Sep. 30, 2026 $ 3,052,055,000   223,593,000 $ 2,584,000 4,025,147,000 (164,603,000) (1,034,666,000)
Balance, Preferred shares outstanding (in shares) at Jun. 30, 2026   4,460,000          
Balance, Common shares outstanding at Jun. 30, 2026       237,414,259      
Balance, Preferred shares outstanding (in shares) at Sep. 30, 2026 9,260,000 9,260,000          
Balance, Common shares outstanding at Sep. 30, 2026 258,430,745     258,430,745      
Balance at Jun. 30, 2026 $ 3,175,067,000   107,843,000 $ 2,374,000 3,760,123,000 (128,074,000) (567,199,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock issuance, shares   4,800,000   20,969,455      
Stock issuance, value 383,795,000   115,750,000 $ 210,000 267,835,000    
Share-based compensation, net of amortization, after forfeitures, shares       83,576      
Shared-based compensation, net of amortization, after forfeitures, value (2,185,000)     $ 1,000 (2,186,000)    
Adjustments for tax withholding on share based compensation (in shares)       (36,545)      
Adjustments for tax withholding on share-based compensation (472,000)     $ (1,000) (471,000)    
Stock issuance costs (154,000)       (154,000)    
Net (loss) income (335,536,000)           (335,536,000)
Preferred stock dividends (2,769,000)           (2,769,000)
Dividends on common stock (129,162,000)           (129,162,000)
Other comprehensive income (loss) (36,529,000)         (36,529,000)  
Balance at Sep. 30, 2026 $ 3,052,055,000   $ 223,593,000 $ 2,584,000 $ 4,025,147,000 $ (164,603,000) $ (1,034,666,000)