v3.26.1
Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock Outstanding [Member]
Additional Paid-in Capital [Member]
Treasury Stock, Common [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Parent [Member]
Nonredeemable Noncontrolling Interest [Member]
Total
Balance (in shares) at Dec. 31, 2024 27,136,749              
Balance at Dec. 31, 2024 $ 281 $ 376,503 $ (6,200) $ (361,453) $ (718) $ 8,413 $ 1,639 $ 10,052
Net (loss) income 0 0 0 (6,534) 0 (6,534) 277 (6,257)
Preferred stock dividends 0 0 0 (533) 0 (533) 0 (533)
Other comprehensive income (loss) 0 0 0 0 78 78 0 78 [1]
Stock-based compensation $ 0 761 0 0 0 761 0 761
Balance (in shares) at Jun. 30, 2025 28,430,113              
Balance at Jun. 30, 2025 $ 294 392,853 (6,545) (368,520) (640) 17,442 1,916 19,358
Common stock issued at $11.75 per share, net (in shares) 1,336,264              
Common stock issued at $11.75 per share, net $ 13 15,589 0 0 0 15,602 0 15,602
Repurchases of common stock (in shares) (42,900)              
Repurchases of common stock $ 0 0 (345) 0 0 (345) 0 (345)
Balance (in shares) at Mar. 31, 2025 27,093,849              
Balance at Mar. 31, 2025 $ 281 376,924 (6,545) (364,892) (315) 5,453 1,764 7,217
Net (loss) income 0 0 0 (3,317) 0 (3,317) 152 (3,165)
Preferred stock dividends 0 0 0 (311) 0 (311) 0 (311)
Other comprehensive income (loss) 0 0 0 0 (325) (325) 0 (325) [1]
Stock-based compensation $ 0 340 0 0 0 340 0 340
Balance (in shares) at Jun. 30, 2025 28,430,113              
Balance at Jun. 30, 2025 $ 294 392,853 (6,545) (368,520) (640) 17,442 1,916 19,358
Common stock issued at $11.75 per share, net (in shares) 1,336,264              
Common stock issued at $11.75 per share, net $ 13 15,589 0 0 0 15,602 0 $ 15,602
Balance (in shares) at Dec. 31, 2025 28,625,744             29,651,671
Balance at Dec. 31, 2025 $ 296 394,848 (6,545) (373,370) (60) 15,169 2,201 $ 17,370
Tax withholding related to net share settlement of restricted stock awards (in shares) (30,232)              
Tax withholding related to net share settlement of restricted stock awards $ 0 (306) 0 0 0 (306) 0 (306)
Net (loss) income 0 0 0 (3,089) 0 (3,089) 1,024 (2,065)
Preferred stock dividends 0 0 0 (645) 0 (645) 0 (645)
Distributions to noncontrolling interest holders 0 0 0 0 0 0 (707) (707)
Other comprehensive income (loss) 0 0 0 0 114 114 0 114 [1]
Stock-based compensation $ 0 1,583 0 0 0 1,583 0 $ 1,583
Balance (in shares) at Jun. 30, 2026 28,595,512             29,621,439
Balance at Jun. 30, 2026 $ 296 396,125 (6,545) (377,104) 54 12,826 2,518 $ 15,344
Balance (in shares) at Mar. 31, 2026 28,625,744              
Balance at Mar. 31, 2026 $ 296 395,168 (6,545) (376,163) 395 13,151 2,389 15,540
Tax withholding related to net share settlement of restricted stock awards (in shares) (30,232)              
Tax withholding related to net share settlement of restricted stock awards $ 0 (306) 0 0 0 (306) 0 (306)
Net (loss) income 0 0 0 (617) 0 (617) 836 219
Preferred stock dividends 0 0 0 (324) 0 (324) 0 (324)
Distributions to noncontrolling interest holders 0 0 0 0 0 0 (707) (707)
Other comprehensive income (loss) 0 0 0 0 (341) (341) 0 (341) [1]
Stock-based compensation $ 0 1,263 0 0 0 1,263 0 $ 1,263
Balance (in shares) at Jun. 30, 2026 28,595,512             29,621,439
Balance at Jun. 30, 2026 $ 296 $ 396,125 $ (6,545) $ (377,104) $ 54 $ 12,826 $ 2,518 $ 15,344
[1] Net of income tax benefit of $0 for the three months ended March 31, 2026 and March 31, 2025.