v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Series A Preferred Stock
Noncontrolling interest in CMBS VIEs
Series A Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Series A Preferred Stock
Noncontrolling interest
Noncontrolling interest in CMBS VIEs
Noncontrolling interest
Noncontrolling interest in Subsidiary
Preferred stock, beginning balance (in shares) at Dec. 31, 2024       1,645,000            
Beginning balance at Dec. 31, 2024 $ 336,484     $ 16 $ 174 $ 387,892 $ (54,948)   $ 3,255 $ 95
Common stock, beginning balance (in shares) at Dec. 31, 2024         17,461,129          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Vesting of stock-based compensation (in shares)         182,397          
Vesting of stock-based compensation (207)       $ 2 (209)        
Noncontrolling interest in CMBS variable interest entities     $ 18           18  
Net income attributable to stockholders 16,518 $ 874         16,518 $ 874    
Series A preferred stock dividends declared (874)           (874)      
Common stock dividends declared (9,106)           (9,106)      
Preferred stock, ending balance (in shares) at Mar. 31, 2025       1,645,000            
Ending balance at Mar. 31, 2025 $ 343,707     $ 16 $ 176 387,683 (47,536)   $ 3,273 95
Common stock, ending balance (in shares) at Mar. 31, 2025         17,643,526          
Preferred stock, beginning balance (in shares) at Dec. 31, 2025 1,645,000     1,645,000            
Beginning balance at Dec. 31, 2025 $ 387,985     $ 16 $ 186 404,207 (16,519)     95
Common stock, beginning balance (in shares) at Dec. 31, 2025 18,574,101       18,574,101          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Vesting of stock-based compensation (in shares)         112,882          
Vesting of stock-based compensation $ 527       $ 1 526        
Net income attributable to stockholders 10,040 $ 874         10,040 $ 874    
Series A preferred stock dividends declared (874)           (874)      
Common stock dividends declared $ (9,800)           (9,800)      
Preferred stock, ending balance (in shares) at Mar. 31, 2026 1,645,000     1,645,000            
Ending balance at Mar. 31, 2026 $ 388,752     $ 16 $ 187 $ 404,733 $ (16,279)     $ 95
Common stock, ending balance (in shares) at Mar. 31, 2026 18,686,983       18,686,983