v3.25.1
Redeemable Preferred Stock (Tables)
3 Months Ended
Mar. 31, 2025
Temporary Equity Disclosure [Abstract]  
Summary of the Activity of Temporary Equity
The following table summarizes dividends declared (in thousands):
Three Months Ended March 31,
20252024
Series B Convertible Preferred Stock$1,058 $1,058 
The redemption value adjustment of Series E Preferred Stock is summarized below (in thousands):
March 31, 2025December 31, 2024
Series E Preferred Stock$331,875 $352,502 
Cumulative adjustments to Series E Preferred Stock (1)
$26,374 $22,098 
________
(1)    Reflects the excess of the redemption value over the accumulated carrying value.
The following table summarizes dividends declared (in thousands):
Three Months Ended March 31,
20252024
Series E Preferred Stock$6,616 $7,600 
The redemption value adjustment of Series M Preferred stock is summarized below (in thousands):
March 31, 2025December 31, 2024
Series M Preferred Stock$36,489 $36,916 
Cumulative adjustments to Series M Preferred Stock (1)
$1,794 $1,794 
__________________
(1)    Reflects the excess of the redemption value over the accumulated carrying value.
The following table summarizes dividends declared (in thousands):
Three Months Ended March 31,
20252024
Series M Preferred Stock$770 $924 
Preferred Stock Redemption Activities
The redemption activities of Series E Preferred Stock is summarized below (in thousands):
Three Months Ended March 31,
20252024
Series E Preferred Stock shares redeemed1,033 186 
Redemption amount, net of redemption fees$25,701 $4,403 
The redemption activities of Series M Preferred Stock is summarized below (in thousands):
Three Months Ended March 31,
20252024
Series M Preferred Stock shares redeemed19 87 
Redemption amount, net of redemption fees$466 $2,163