v3.25.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Class A common stock
Total Stockholders' Equity
Class A common stock
Common Stock
Class A common stock
Additional Paid-In Capital
Class A common stock
Unvested restricted stock
Total Stockholders' Equity
Unvested restricted stock
Additional Paid-In Capital
Unvested restricted stock
Class B common stock
Common Stock
Class B common stock
Noncontrolling Interests
Class B common stock
Total Stockholders' Equity
Additional Paid-In Capital
Accumulated Deficit
Noncontrolling Interests
Total
Beginning balance at Dec. 31, 2023   $ 1,022           $ 162     $ 772,488 $ 1,008,095 $ (236,791) $ 119,684 $ 892,172
Beginning balance (in shares) at Dec. 31, 2023   102,172,863           16,221,101              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Equity-based compensation                     5,490 5,490   869 6,359
Issuance of restricted shares   $ 11                 1,147 1,136   (1,147)  
Issuance of restricted shares (in shares)   1,118,836                          
Repurchase of common stock   $ (8)                 (6,893) (6,885)   (103) (6,996)
Repurchase of common stock ( in shares)   (830,337)                          
Restricted shares forfeited   $ (1)                 (62) (61)   62  
Restricted shares forfeited (in shares)   (60,019)                          
Performance shares vested   $ 3                 311 308   (311)  
Performance shares vested (in shares)   303,917                          
Dividend and distribution declared $ (5,931)   $ (5,931) $ (5,931) $ (185) $ (185) $ (185)   $ (973) $ (973)          
Net income                     3,625   3,625 250 3,875
Ending balance at Mar. 31, 2024   $ 1,027           $ 162     769,990 1,001,967 (233,166) 118,331 888,321
Ending balance (in shares) at Mar. 31, 2024   102,705,260           16,221,101              
Beginning balance at Dec. 31, 2024   $ 1,031           $ 162     793,520 998,474 (206,147) 122,014 915,534
Beginning balance (in shares) at Dec. 31, 2024   103,069,732           16,221,101              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Equity-based compensation                     3,009 3,009   472 3,481
Issuance of restricted shares   $ 7                 768 761   (768)  
Issuance of restricted shares (in shares)   740,084                          
Cashless exercise of options                     216 216     216
Cashless exercise of options (in shares)   24,943                          
Repurchase of common stock   $ (5)                 (5,865) (5,860)   (502) (6,367)
Repurchase of common stock ( in shares)   (544,287)                          
Performance shares vested   $ 6                 406 400   (406)  
Performance shares vested (in shares)   594,295                          
Contributions from noncontrolling interests                           2,875 2,875
Dividend and distribution declared $ (7,029)   $ (7,029) $ (7,029) $ (186) $ (186) $ (186)                
Dividend and distribution declared                 $ (1,135) $ (1,135)          
Net income                     8,239   8,239 1,321 9,560
Ending balance at Mar. 31, 2025   $ 1,039           $ 162     $ 793,078 $ 989,785 $ (197,908) $ 123,871 $ 916,949
Ending balance (in shares) at Mar. 31, 2025   103,884,767           16,221,101