v3.26.1
Consolidated Statements of Equity - USD ($)
shares in Thousands, $ in Thousands
Common stock
Additional paid in capital
Accumulated deficit
Stockholders' equity
Noncontrolling interest
Total
Beginning Balance at Dec. 31, 2024 $ 127 $ 613,015 $ (51,660) $ 561,482 $ 9,900 $ 571,382
Beginning Balance (in shares) at Dec. 31, 2024 12,708          
Equity            
Net income (loss)     (31,888) (31,888) 350 (31,538)
Fees in connection with the Rights Offering   (12)   (12)   (12)
Preferred distributions to noncontrolling interest in subsidiary         (350) (350)
Shares acquired to satisfy minimum required tax withholding on vesting restricted stock   (508)   (508)   (508)
Shares acquired to satisfy minimum required tax withholding on vesting restricted stock (in shares) (18)          
Stock compensation   2,085   2,085   2,085
Stock compensation (in shares) 9          
Ending Balance at Mar. 31, 2025 $ 127 614,580 (83,548) 531,159 9,900 541,059
Ending Balance (in shares) at Mar. 31, 2025 12,699          
Beginning Balance at Dec. 31, 2024 $ 127 613,015 (51,660) 561,482 9,900 571,382
Beginning Balance (in shares) at Dec. 31, 2024 12,708          
Equity            
Net income (loss)           (45,962)
Ending Balance at Jun. 30, 2025 $ 127 616,100 (98,322) 517,905 9,900 527,805
Ending Balance (in shares) at Jun. 30, 2025 12,698          
Beginning Balance at Mar. 31, 2025 $ 127 614,580 (83,548) 531,159 9,900 541,059
Beginning Balance (in shares) at Mar. 31, 2025 12,699          
Equity            
Net income (loss)     (14,774) (14,774) 350 (14,424)
Fees in connection with the Rights Offering   (194)   (194)   (194)
Preferred distributions to noncontrolling interest in subsidiary         (350) (350)
Shares acquired to satisfy minimum required tax withholding on vesting restricted stock   (97)   (97)   (97)
Shares acquired to satisfy minimum required tax withholding on vesting restricted stock (in shares) (5)          
Stock compensation   1,811   1,811   1,811
Stock compensation (in shares) 4          
Ending Balance at Jun. 30, 2025 $ 127 616,100 (98,322) 517,905 9,900 527,805
Ending Balance (in shares) at Jun. 30, 2025 12,698          
Beginning Balance at Dec. 31, 2025 $ 128 624,781 (168,402) 456,507 9,900 $ 466,407
Beginning Balance (in shares) at Dec. 31, 2025 12,777         12,777
Equity            
Net income (loss)     (44,103) (44,103) 350 $ (43,753)
Preferred distributions to noncontrolling interest in subsidiary         (350) (350)
Shares acquired to satisfy minimum required tax withholding on vesting restricted stock   (668)   (668)   (668)
Shares acquired to satisfy minimum required tax withholding on vesting restricted stock (in shares) (8)          
Stock compensation $ 1 1,193   1,194   1,194
Stock compensation (in shares) 37          
Ending Balance at Mar. 31, 2026 $ 129 625,306 (212,505) 412,930 9,900 422,830
Ending Balance (in shares) at Mar. 31, 2026 12,806          
Beginning Balance at Dec. 31, 2025 $ 128 624,781 (168,402) 456,507 9,900 $ 466,407
Beginning Balance (in shares) at Dec. 31, 2025 12,777         12,777
Equity            
Net income (loss)           $ (53,861)
Ending Balance at Jun. 30, 2026 $ 128 626,760 (222,963) 403,925 9,900 $ 413,825
Ending Balance (in shares) at Jun. 30, 2026 12,805         12,805
Beginning Balance at Mar. 31, 2026 $ 129 625,306 (212,505) 412,930 9,900 $ 422,830
Beginning Balance (in shares) at Mar. 31, 2026 12,806          
Equity            
Net income (loss)     (10,458) (10,458) 350 (10,108)
Preferred distributions to noncontrolling interest in subsidiary $ 0 0 0 0 (350) (350)
Shares acquired to satisfy minimum required tax withholding on vesting restricted stock $ (1) (125) 0 (126) 0 (126)
Shares acquired to satisfy minimum required tax withholding on vesting restricted stock (in shares) (6)          
Stock compensation $ 0 1,579 0 1,579 0 1,579
Stock compensation (in shares) 5          
Ending Balance at Jun. 30, 2026 $ 128 $ 626,760 $ (222,963) $ 403,925 $ 9,900 $ 413,825
Ending Balance (in shares) at Jun. 30, 2026 12,805         12,805