EARNINGS PER SHARE (Reconciliation of the Denominators of the Basic and Diluted EPS Computations) (Details) - USD ($) $ / shares in Units, $ in Thousands |
3 Months Ended | 9 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|
Sep. 30, 2023 |
Jun. 30, 2023 |
Mar. 31, 2023 |
Sep. 30, 2022 |
Jun. 30, 2022 |
Mar. 31, 2022 |
Sep. 30, 2023 |
Sep. 30, 2022 |
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| Net Income: | ||||||||
| Net income | $ 54,017 | $ 55,241 | $ 35,653 | $ 58,070 | $ 62,226 | $ 43,690 | $ 144,911 | $ 163,986 |
| Less: Preferred Stock Dividends | 2,967 | 2,967 | 8,901 | 8,901 | ||||
| Net Income available to common shareholders | $ 51,050 | $ 55,103 | $ 136,010 | $ 155,085 | ||||
| Basic weighted average number of common shares outstanding | 74,999,128 | 74,703,699 | 74,942,851 | 75,029,000 | ||||
| Dilutive effect of stock awards | 0 | 1,000 | 1,000 | 5,000 | ||||
| Weighted average shares outstanding, diluted | 74,999,128 | 74,705,054 | 74,943,999 | 75,034,084 | ||||
| Basic EPS: | ||||||||
| Earnings per common share, basic | $ 0.68 | $ 0.74 | $ 1.81 | $ 2.07 | ||||
| Diluted EPS: | ||||||||
| Earnings per common share, diluted | $ 0.68 | $ 0.74 | $ 1.81 | $ 2.07 | ||||
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
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- Definition The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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