Annual report [Section 13 and 15(d), not S-K Item 405]

EARNINGS (LOSS) PER SHARE -Schedule of Earnings Income (Loss) Per Share (Details)

v3.25.4
EARNINGS (LOSS) PER SHARE -Schedule of Earnings Income (Loss) Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Aug. 05, 2025
Earnings Per Share [Abstract]        
Net income (loss) $ 427,810 $ (261,386) $ 1,470,916  
Dividends on preferred stock (1,666) (4,230) (4,840)  
Deemed dividend on preferred stock (29,986) 0 0  
Participating securities - preferred stock 0 0 (212,360)  
Net income (loss) attributable to common stockholders 396,158 (265,616) 1,253,716  
Re-allocation of participating securities 0 0 2,475  
Diluted net income (loss) attributable to common stockholders $ 396,158 $ (265,616) $ 1,256,191  
Weighted average common shares outstanding - Basic (shares) 18,223 18,050 18,645  
Dilutive shares (in shares) 18,440 18,050 18,902  
Basic EPS (in dollars per share) $ 21.74 $ (14.72) $ 67.24  
Dilutive EPS (in dollars per share) $ 21.48 $ (14.72) $ 66.46  
Direct transaction-related costs, redemption $ 1,100     $ 1,100