v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Other revenue $ 0 $ 92 $ 0 $ 482
Total revenues 0 92 0 482
Expenses:        
Employee compensation and benefits 6,502 6,985 13,264 16,318
Depreciation and amortization 362 361 718 718
Other expenses 2,187 4,616 4,066 7,898
Total expenses 9,051 11,962 18,048 24,934
Operating income (loss) before taxes (9,051) (11,870) (18,048) (24,452)
Non operating income:        
Net realized and unrealized gains (losses) 0 (1,454) (261) (714)
Other income 3,917 865 4,883 1,401
Income (loss) before taxes (5,134) (12,459) (13,426) (23,765)
Less: provision (benefit) for income taxes 1,315 (2,014) 162 (3,619)
Net income (loss) from continuing operations (6,449) (10,445) (13,588) (20,146)
Discontinued operations:        
Income (loss) from discontinued operations [1] 395,682 29,405 417,067 44,741
Net income (loss) attributable to common stockholders $ 389,233 $ 18,960 $ 403,479 $ 24,595
Net income (loss) from continuing operations per common share:        
Basic earnings per share (in dollars per share) $ (0.17) $ (0.28) $ (0.36) $ (0.54)
Diluted earnings per share (in dollars per share) (0.17) (0.28) (0.36) (0.54)
Net income (loss) from discontinued operations per common share:        
Basic earnings per share (in dollars per share) 10.55 0.78 11.08 1.2
Diluted earnings per share (in dollars per share) 10.47 0.67 11 1.09
Net income (loss) per common share:        
Basic earnings per share (in dollars per share) 10.38 0.5 10.72 0.66
Diluted earnings per share (in dollars per share) $ 10.3 $ 0.39 $ 10.64 $ 0.55
Weighted average number of common shares:        
Basic (in shares) 37,501,135 37,496,875 37,644,493 37,422,957
Diluted (in shares) 37,501,135 37,496,875 37,644,493 37,422,957
Dividends declared per common share (in dollars per share) $ 0.06 $ 0.06 $ 0.12 $ 0.12
[1] See Note (3) Dispositions & Discontinued Operations for further details.