Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

Components of basic and diluted weighted-average shares

The following table presents information about basic and diluted weighted-average shares outstanding:

	Three Months Ended  June 30,				Six Months Ended  June 30,
(in thousands)	2023		2022		2023		2022
Numerator (for basic and diluted earnings per share)
Net income (loss)	$	(669,829)	$	41,740	$	(688,369)	$	64,105
Less income allocated to RSUs	—		(872)		—		(1,105)
Less preferred stock dividends	(12,577)		(12,577)		(25,153)		(25,153)
Numerator for basic and diluted earnings per share	$	(682,406)	$	28,291	$	(713,522)	$	37,847
Denominator
Basic weighted-average shares outstanding	84,296		83,270		84,024		83,030
Effect of dilutive securities	—		4,550		—		7,018
Diluted weighted-average shares outstanding	84,296		87,820		84,024		90,048