v3.26.1
Changes in Equity (Tables)
3 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity
A reconciliation of the changes in equity for the three months ended March 31, 2026 and 2025 is provided below:
Three Months Ended March 31, 2026
(in thousands)Common
Stock
Additional
Paid-in
Capital
Retained Earnings
Accumulated
Other
Comprehensive
Loss
Noncontrolling
Interests
Total
Equity
Balance - December 31, 2025$52,791 $1,148,634 $46,443 $(29,234)$44,028 $1,262,662 
Net income— — 25,696 — 13,832 39,528 
Other comprehensive loss— — — (1,789)(442)(2,231)
Share-based compensation— 2,132 — — — 2,132 
Issuance of common stock, net102 (7,219)— — — (7,117)
Dividends— — (3,330)— — (3,330)
Repurchase of common stock(278)(6,048)(13,801)— — (20,127)
Contributions from noncontrolling interests— — — — 4,994 4,994 
Distributions to noncontrolling interests— — — — (11,500)(11,500)
Balance - March 31, 2026$52,615 $1,137,499 $55,008 $(31,023)$50,912 $1,265,011 
Three Months Ended March 31, 2025
(in thousands)Common
Stock
Additional
Paid-in
Capital
Accumulated Deficit
Accumulated
Other
Comprehensive
Loss
Noncontrolling
Interests
Total
Equity
Balance - December 31, 2024$52,486 $1,146,800 $(30,575)$(33,988)$23,883 $1,158,606 
Net income— — 27,998 — 14,751 42,749 
Other comprehensive income— — — 1,798 478 2,276 
Share-based compensation— 867 — — — 867 
Issuance of common stock, net217 (5,368)— — — (5,151)
Distributions to noncontrolling interests— — — — (11,750)(11,750)
Balance - March 31, 2025$52,703 $1,142,299 $(2,577)$(32,190)$27,362 $1,187,597