v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Total Company's Stockholders' Equity
Common Stock
Preferred Stock
Additional Paid-In Capital
Accumulated Deficit
Non-Controlling Interest in Consolidated VIEs
Beginning balance (in shares) at Dec. 31, 2024     90,574,996        
Beginning balance at Dec. 31, 2024 $ 1,398,775 $ 1,394,720 $ 906 $ 535,445 $ 2,289,044 $ (1,430,675) $ 4,055
Beginning balance (in shares) at Dec. 31, 2024       22,164,414      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 40,692 42,155       42,155 (1,463)
Stock based compensation (benefit) expense, net (in shares)     (45,575)        
Stock based compensation (benefit) expense, net 861 861 $ (1)   862    
Dividends declared on common stock (18,106) (18,106)       (18,106)  
Dividends declared on preferred stock (11,870) (11,870)       (11,870)  
Dividends attributable to dividend equivalents (477) (477)       (477)  
Contributions of non-controlling interest in Consolidated VIEs 595           595
Decrease in non-controlling interest related to distributions from Consolidated VIEs (203)           (203)
Adjustment of redeemable non-controlling interest to estimated redemption value (5,337) (5,337)     (5,337)    
Ending balance (in shares) at Mar. 31, 2025     90,529,421        
Ending balance at Mar. 31, 2025 $ 1,404,930 1,401,946 $ 905 $ 535,445 2,284,569 (1,418,973) 2,984
Ending balance (in shares) at Mar. 31, 2025       22,164,414      
Beginning balance (in shares) at Dec. 31, 2025 90,303,863   90,303,863        
Beginning balance at Dec. 31, 2025 $ 1,427,421 1,426,922 $ 903 $ 540,472 2,294,194 (1,408,647) 499
Beginning balance (in shares) at Dec. 31, 2025 22,385,674     22,385,674      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) $ 66,586 48,601       48,601 17,985
Common stock repurchases (in shares)     (612,464)        
Common stock repurchases (5,005) (5,005) $ (6)   (4,999)    
Stock based compensation (benefit) expense, net (in shares)     169,709        
Stock based compensation (benefit) expense, net 175 175 $ 2   173    
Dividends declared on common stock (20,668) (20,668)       (20,668)  
Dividends declared on preferred stock (11,704) (11,704)       (11,704)  
Dividends attributable to dividend equivalents (778) (778)       (778)  
Decrease in non-controlling interest related to distributions from Consolidated VIEs (21,206)           (21,206)
Adjustment of redeemable non-controlling interest to estimated redemption value $ 18,918 18,918     18,918    
Ending balance (in shares) at Mar. 31, 2026 89,861,108   89,861,108        
Ending balance at Mar. 31, 2026 $ 1,453,739 $ 1,456,461 $ 899 $ 540,472 $ 2,308,286 $ (1,393,196) $ (2,722)
Ending balance (in shares) at Mar. 31, 2026 22,385,674     22,385,674