v3.26.1
Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance at Dec. 31, 2024 $ 27 $ 20 $ 76,704 $ (34,016) $ (1,007) $ 41,728 $ 48,555 $ 90,283
Enterprise net income       329   329 609 938
Other comprehensive (loss)         34 34 82 116
Acquisition / (surrender) of additional units of consolidated subsidiary, net     502   (13) 489 (499) (10)
Equity-based compensation   0 343     343 814 1,157
Shares withheld for employee taxes   1 (102)     (101) (238) (339)
Dividends/distributions to convertible non-controlling interest       (818)   (818)   (2,614)
Dividends/distributions to convertible non-controlling interest             (1,796)  
Redemption of convertible non-controlling interest units             (954) (954)
Non-convertible non-controlling interest contributions         0   (1,236) (1,236)
Other comprehensive income (loss)         34 34 82 116
Equity-based compensation   0 343     343 814 1,157
Dividends/distributions to convertible non-controlling interest             (1,796)  
Balance at Mar. 31, 2025 27 21 77,447 (34,505) (986) 42,004 43,646 85,650
Sale of Interest in Vellar GP 0 0 0 0 0 0 (1,691) (1,691)
Balance at Dec. 31, 2024 27 20 76,704 (34,016) (1,007) 41,728 48,555 90,283
Enterprise net income               5,566
Other comprehensive (loss)               355
Acquisition / (surrender) of additional units of consolidated subsidiary, net     512   (13)   (499)  
Other comprehensive income (loss)               355
Balance at Jun. 30, 2025 27 21 77,767 (33,540) (915) 43,360 49,098 92,458
Balance at Mar. 31, 2025 27 21 77,447 (34,505) (986) 42,004 43,646 85,650
Enterprise net income 0 0 0 1,408 0 1,408 3,220 4,628
Other comprehensive (loss) 0 0 0 0 71 71 168 239
Acquisition / (surrender) of additional units of consolidated subsidiary, net 0 0 10 0 0 10 0 10
Equity-based compensation 0 0 310 0 0 310 738 1,048
Shares withheld for employee taxes             (3) (3)
Dividends/distributions to convertible non-controlling interest       (443)   (443)   (1,783)
Dividends/distributions to convertible non-controlling interest             (1,340)  
Non-convertible non-controlling interest contributions             2,669 2,669
Other comprehensive income (loss) 0 0 0 0 71 71 168 239
Equity-based compensation 0 0 310 0 0 310 738 1,048
Dividends/distributions to convertible non-controlling interest             (1,340)  
Balance at Jun. 30, 2025 27 21 77,767 (33,540) (915) 43,360 49,098 92,458
Balance at Dec. 31, 2025 27 21 78,539 (26,593) (914) 51,080 52,006 103,086
Enterprise net income       1,492   1,492 1,961 3,453
Other comprehensive (loss) 0 0 0 0 (22) (22) (55) (77)
Common stock issued, net   1 613     614   614
Acquisition / (surrender) of additional units of consolidated subsidiary, net     516   (7) 509 (509) 0
Equity-based compensation   0 398     398 894 1,292
Shares withheld for employee taxes   3 (198)     (195) (443) (638)
Dividends/distributions to convertible non-controlling interest       (2,351)   (2,351)   (8,367)
Dividends/distributions to convertible non-controlling interest             (6,016)  
Redemption of convertible non-controlling interest units             (1,883) (1,883)
Non-convertible non-controlling interest contributions             2,666 2,666
Other comprehensive income (loss) 0 0 0 0 (22) (22) (55) (77)
Equity-based compensation   0 398     398 894 1,292
Dividends/distributions to convertible non-controlling interest             (6,016)  
Balance at Mar. 31, 2026 27 25 79,868 (27,452) (943) 51,525 48,621 100,146
Balance at Dec. 31, 2025 27 21 78,539 (26,593) (914) 51,080 52,006 103,086
Enterprise net income               11,372
Other comprehensive (loss)               (106)
Acquisition / (surrender) of additional units of consolidated subsidiary, net     7,187   (120)   (7,067)  
Redemption of convertible non-controlling interest units               (1,883)
Non-convertible non-controlling interest contributions               2,666
Other comprehensive income (loss)               (106)
Balance at Jun. 30, 2026 27 32 88,940 (24,660) (1,077) 63,262 46,039 109,301
Balance at Mar. 31, 2026 27 25 79,868 (27,452) (943) 51,525 48,621 100,146
Enterprise net income 0 0 0 3,574 0 3,574 4,345 7,919
Other comprehensive (loss)         (21) (21) (8) (29)
Common stock issued, net 0 1 1,772 0 0 1,773 0 1,773
Acquisition / (surrender) of additional units of consolidated subsidiary, net 0 0 6,671 0 (113) 6,558 (6,558) 0
Equity-based compensation 0 0 635 0 0 635 1,018 1,653
Dividends/distributions to convertible non-controlling interest       (782)   (782)   (1,838)
Dividends/distributions to convertible non-controlling interest             (1,056)  
Non-convertible non-controlling interest contributions         0   (323) (323)
Other comprehensive income (loss)         (21) (21) (8) (29)
Equity-based compensation 0 0 635 0 0 635 1,018 1,653
Dividends/distributions to convertible non-controlling interest             (1,056)  
Redemption of convertible non-controlling interest units   6 (6)          
Balance at Jun. 30, 2026 $ 27 $ 32 $ 88,940 $ (24,660) $ (1,077) $ 63,262 $ 46,039 $ 109,301