v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited) - USD ($)
$ in Thousands
Total
Preferred Shares
Common Shares
Additional Paid in Capital
Cumulative Net Earnings
Cumulative Dividends Paid
Preferred stock, beginning balance (in shares) at Dec. 31, 2024   2,306,748        
Beginning balance at Dec. 31, 2024 $ 181,651 $ 2 $ 47 $ 256,956 $ 35,518 $ (110,872)
Common stock, beginning balance (in shares) at Dec. 31, 2024     46,965,306      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation, less shares forfeited (in shares)     344,833      
Stock-based compensation, less shares forfeited 428     428    
Dividends paid on Series A Preferred Stock (2,235)         (2,235)
Dividends paid on Common Shares (4,728)         (4,728)
Net (loss) income 2,791       2,791  
Preferred stock, ending balance (in shares) at Jun. 30, 2025   2,306,748        
Ending balance at Jun. 30, 2025 177,907 $ 2 $ 47 257,384 38,309 (117,835)
Common stock, ending balance (in shares) at Jun. 30, 2025     47,310,139      
Preferred stock, beginning balance (in shares) at Mar. 31, 2025   2,306,748        
Beginning balance at Mar. 31, 2025 179,339 $ 2 $ 47 257,220 36,422 (114,352)
Common stock, beginning balance (in shares) at Mar. 31, 2025     47,310,139      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation, less shares forfeited 164     164    
Dividends paid on Series A Preferred Stock (1,118)         (1,118)
Dividends paid on Common Shares (2,365)         (2,365)
Net (loss) income 1,887       1,887  
Preferred stock, ending balance (in shares) at Jun. 30, 2025   2,306,748        
Ending balance at Jun. 30, 2025 177,907 $ 2 $ 47 257,384 38,309 (117,835)
Common stock, ending balance (in shares) at Jun. 30, 2025     47,310,139      
Preferred stock, beginning balance (in shares) at Dec. 31, 2025   2,312,758        
Beginning balance at Dec. 31, 2025 $ 174,937 $ 2 $ 48 257,905 41,826 (124,844)
Common stock, beginning balance (in shares) at Dec. 31, 2025 47,684,955   47,684,955      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation, less shares forfeited (in shares)     269,677      
Stock-based compensation, less shares forfeited $ 427     427    
Dividends paid on Series A Preferred Stock (2,240)         (2,240)
Dividends paid on Common Shares (2,878)         (2,878)
Net (loss) income (11,454)       (11,454)  
Preferred stock, ending balance (in shares) at Jun. 30, 2026   2,312,758        
Ending balance at Jun. 30, 2026 $ 158,792 $ 2 $ 48 258,332 30,372 (129,962)
Common stock, ending balance (in shares) at Jun. 30, 2026 47,954,632   47,954,632      
Preferred stock, beginning balance (in shares) at Mar. 31, 2026   2,312,758        
Beginning balance at Mar. 31, 2026 $ 165,609 $ 2 $ 48 258,172 35,749 (128,362)
Common stock, beginning balance (in shares) at Mar. 31, 2026     47,955,647      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation, less shares forfeited (in shares)     (1,015)      
Stock-based compensation, less shares forfeited 160     160    
Dividends paid on Series A Preferred Stock (1,120)         (1,120)
Dividends paid on Common Shares (480)         (480)
Net (loss) income (5,377)       (5,377)  
Preferred stock, ending balance (in shares) at Jun. 30, 2026   2,312,758        
Ending balance at Jun. 30, 2026 $ 158,792 $ 2 $ 48 $ 258,332 $ 30,372 $ (129,962)
Common stock, ending balance (in shares) at Jun. 30, 2026 47,954,632   47,954,632