v3.25.1
CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Cumulative Distributions to Stockholders
Accumulated Net Loss
Beginning balance, preferred (in shares) at Dec. 31, 2023   6,847,000        
Beginning balance, common (in shares) at Dec. 31, 2023     48,799,000      
Beginning balance at Dec. 31, 2023 $ 1,271,184 $ 7 $ 49 $ 4,318,155 $ (2,220,567) $ (826,460)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income 14,516         14,516
Issuance of common stock, net (in shares)     1,000      
Issuance of common stock, net 11     11    
Stock based compensation, net of withholding requirements (in shares)     22,000      
Stock based compensation, net of withholding requirements 1,053     1,053    
Common stock repurchased (in shares)     (70,000)      
Common stock repurchased (1,344)     (1,344)    
Preferred stock dividends (2,995)       (2,995)  
Common stock dividends (35,312)       (35,312)  
Ending balance, preferred (in shares) at Mar. 31, 2024   6,847,000        
Ending balance, common (in shares) at Mar. 31, 2024     48,752,000      
Ending balance at Mar. 31, 2024 1,247,113 $ 7 $ 49 4,317,875 (2,258,874) (811,944)
Beginning balance, preferred (in shares) at Dec. 31, 2023   6,847,000        
Beginning balance, common (in shares) at Dec. 31, 2023     48,799,000      
Beginning balance at Dec. 31, 2023 $ 1,271,184 $ 7 $ 49 4,318,155 (2,220,567) (826,460)
Ending balance, preferred (in shares) at Dec. 31, 2024   6,847,000        
Ending balance, common (in shares) at Dec. 31, 2024 62,412,000   62,412,000      
Ending balance at Dec. 31, 2024 $ 1,361,415 $ 7 $ 62 4,585,739 (2,383,539) (840,854)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income 27,332         27,332
Issuance of Preferred stock, net (in shares)   17,000        
Issuance of Preferred stock, net 279     279    
Issuance of common stock, net (in shares)     19,994,000      
Issuance of common stock, net 371,437   $ 20 371,417    
Stock based compensation, net of withholding requirements (in shares)     10,000      
Stock based compensation, net of withholding requirements $ 465     465    
Common stock repurchased (in shares) 0          
Preferred stock dividends $ (3,000)       (3,000)  
Common stock dividends $ (54,082)       (54,082)  
Ending balance, preferred (in shares) at Mar. 31, 2025   6,864,000        
Ending balance, common (in shares) at Mar. 31, 2025 82,416,000   82,416,000      
Ending balance at Mar. 31, 2025 $ 1,703,846 $ 7 $ 82 $ 4,957,900 $ (2,440,621) $ (813,522)