v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Shares
Additional Paid In Capital
Cumulative Net Income
Cumulative Other Comprehensive (Loss) Income
Cumulative Distributions
Beginning balance (in shares) at Dec. 31, 2024   241,271,703        
Beginning balance at Dec. 31, 2024 $ 1,958,843 $ 2,413 $ 4,620,313 $ 1,408,023 $ (17) $ (4,071,889)
Increase (Decrease) in Stockholders' Equity            
Net loss (8,986)     (8,986)    
Other comprehensive income (loss) 21       21  
Distributions (2,413)         (2,413)
Share grants (in shares)   33,582        
Share grants 605   605      
Share repurchases (in shares)   (2,035)        
Share repurchases (6)   (6)      
Share forfeitures (in shares)   (35,431)        
Share forfeitures (13)   (13)      
Ending balance (in shares) at Mar. 31, 2025   241,267,819        
Ending balance at Mar. 31, 2025 1,948,051 $ 2,413 4,620,899 1,399,037 4 (4,074,302)
Beginning balance (in shares) at Dec. 31, 2024   241,271,703        
Beginning balance at Dec. 31, 2024 1,958,843 $ 2,413 4,620,313 1,408,023 (17) (4,071,889)
Increase (Decrease) in Stockholders' Equity            
Net loss (100,625)          
Other comprehensive income (loss) 35          
Ending balance (in shares) at Jun. 30, 2025   241,420,341        
Ending balance at Jun. 30, 2025 1,854,973 $ 2,414 4,621,858 1,307,398 18 (4,076,715)
Beginning balance (in shares) at Mar. 31, 2025   241,267,819        
Beginning balance at Mar. 31, 2025 1,948,051 $ 2,413 4,620,899 1,399,037 4 (4,074,302)
Increase (Decrease) in Stockholders' Equity            
Net loss (91,639)     (91,639)    
Other comprehensive income (loss) 14       14  
Distributions (2,413)         (2,413)
Share grants (in shares)   203,987        
Share grants 1,069 $ 2 1,067      
Share repurchases (in shares)   (38,908)        
Share repurchases (103) $ (1) (102)      
Share forfeitures (in shares)   (12,557)        
Share forfeitures (6)   (6)      
Ending balance (in shares) at Jun. 30, 2025   241,420,341        
Ending balance at Jun. 30, 2025 $ 1,854,973 $ 2,414 4,621,858 1,307,398 18 (4,076,715)
Beginning balance (in shares) at Dec. 31, 2025 242,121,025 242,121,025        
Beginning balance at Dec. 31, 2025 $ 1,665,568 $ 2,421 4,622,572 1,122,137 (12) (4,081,550)
Increase (Decrease) in Stockholders' Equity            
Net loss (43,275)     (43,275)    
Other comprehensive income (loss) (81)       (81)  
Distributions (2,421)         (2,421)
Share grants 716   716      
Share repurchases (in shares)   (12,393)        
Share repurchases (88)   (88)      
Ending balance (in shares) at Mar. 31, 2026   242,108,632        
Ending balance at Mar. 31, 2026 $ 1,620,419 $ 2,421 4,623,200 1,078,862 (93) (4,083,971)
Beginning balance (in shares) at Dec. 31, 2025 242,121,025 242,121,025        
Beginning balance at Dec. 31, 2025 $ 1,665,568 $ 2,421 4,622,572 1,122,137 (12) (4,081,550)
Increase (Decrease) in Stockholders' Equity            
Net loss (80,694)          
Other comprehensive income (loss) (43)          
Distributions $ (4,842)          
Ending balance (in shares) at Jun. 30, 2026 242,189,353 242,189,353        
Ending balance at Jun. 30, 2026 $ 1,582,831 $ 2,422 4,625,413 1,041,443 (55) (4,086,392)
Beginning balance (in shares) at Mar. 31, 2026   242,108,632        
Beginning balance at Mar. 31, 2026 1,620,419 $ 2,421 4,623,200 1,078,862 (93) (4,083,971)
Increase (Decrease) in Stockholders' Equity            
Net loss (37,419)     (37,419)    
Other comprehensive income (loss) 38       38  
Distributions (2,421)         (2,421)
Share grants (in shares)   86,807        
Share grants 2,264 $ 1 2,263      
Share repurchases (in shares)   (6,086)        
Share repurchases $ (50)   (50)      
Ending balance (in shares) at Jun. 30, 2026 242,189,353 242,189,353        
Ending balance at Jun. 30, 2026 $ 1,582,831 $ 2,422 $ 4,625,413 $ 1,041,443 $ (55) $ (4,086,392)