v3.26.1
Interim Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
Class A Common Shares [Member]
Common Stock [Member]
Series B Preferred Shares [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income [Member]
Total
Balance at Dec. 31, 2024 $ 355 $ 0 $ 680,743 $ 773,759 $ 8,624 $ 1,463,481
Balance (in Shares) at Dec. 31, 2024 35,447,370 43,592        
Stock-based compensation expense (Note 11) $ 2 $ 0 2,120 0 0 2,122
Stock-based compensation expense (Note 11) (in Shares) 158,068 0        
Other comprehensive loss $ 0 $ 0 0 0 (2,409) (2,409)
Net Income for the period 0 0 0 123,394 0 123,394
Series B Preferred Shares dividend (Note 10) 0 0 0 (2,384) 0 (2,384)
Class A common shares dividend (Note 10) 0 0 0 (16,043) 0 (16,043)
Balance at Mar. 31, 2025 $ 357 $ 0 682,863 878,726 6,215 1,568,161
Balance (in Shares) at Mar. 31, 2025 35,605,438 43,592        
Balance at Dec. 31, 2024 $ 355 $ 0 680,743 773,759 8,624 1,463,481
Balance (in Shares) at Dec. 31, 2024 35,447,370 43,592        
Net Income for the period           218,831
Balance at Jun. 30, 2025 $ 357 $ 0 684,985 953,016 4,613 1,642,971
Balance (in Shares) at Jun. 30, 2025 35,612,584 43,592        
Balance at Mar. 31, 2025 $ 357 $ 0 682,863 878,726 6,215 1,568,161
Balance (in Shares) at Mar. 31, 2025 35,605,438 43,592        
Stock-based compensation expense (Note 11)   $ 0 2,122 0 0 2,122
Stock-based compensation expense (Note 11) (in Shares) 7,146 0        
Other comprehensive loss $ 0 $ 0 0 0 (1,602) (1,602)
Net Income for the period 0 0 0 95,437 0 95,437
Series B Preferred Shares dividend (Note 10) 0 0 0 (2,384) 0 (2,384)
Class A common shares dividend (Note 10) 0 0 0 (18,763) 0 (18,763)
Balance at Jun. 30, 2025 $ 357 $ 0 684,985 953,016 4,613 1,642,971
Balance (in Shares) at Jun. 30, 2025 35,612,584 43,592        
Balance at Dec. 31, 2025 $ 359 $ 0 694,331 1,104,617 1,777 1,801,084
Balance (in Shares) at Dec. 31, 2025 35,913,628 43,592        
Stock-based compensation expense (Note 11) $ 0 $ 0 5,919 0 0 5,919
Stock-based compensation expense (Note 11) (in Shares) 4,616 0        
Issuance of Class A common shares, net of offering costs (Note 10) $ 0   (40) 0 0 (40)
Issuance of Class A common shares, net of offering costs (Note 10) (in Shares) 0          
Other comprehensive loss $ 0 $ 0 0 0 (601) (601)
Net Income for the period 0 0 0 93,829 0 93,829
Series B Preferred Shares dividend (Note 10) 0 0 0 (2,384) 0 (2,384)
Class A common shares dividend (Note 10) 0 0 0 (22,484) 0 (22,484)
Balance at Mar. 31, 2026 $ 359 $ 0 700,210 1,173,578 1,176 1,875,323
Balance (in Shares) at Mar. 31, 2026 35,918,244 43,592        
Balance at Dec. 31, 2025 $ 359 $ 0 694,331 1,104,617 1,777 1,801,084
Balance (in Shares) at Dec. 31, 2025 35,913,628 43,592        
Net Income for the period           185,505
Balance at Jun. 30, 2026 $ 360 $ 0 705,328 1,240,348 672 1,946,708
Balance (in Shares) at Jun. 30, 2026 36,035,434 43,592        
Balance at Mar. 31, 2026 $ 359 $ 0 700,210 1,173,578 1,176 1,875,323
Balance (in Shares) at Mar. 31, 2026 35,918,244 43,592        
Stock-based compensation expense (Note 11) $ 1 $ 0 5,078 0 0 5,079
Stock-based compensation expense (Note 11) (in Shares) 117,190 0        
Issuance of Class A common shares, net of offering costs (Note 10) $ 0   40 0 0 40
Issuance of Class A common shares, net of offering costs (Note 10) (in Shares) 0          
Other comprehensive loss $ 0 $ 0 0 0 (504) (504)
Net Income for the period 0 0 0 91,676 0 91,676
Series B Preferred Shares dividend (Note 10) 0 0 0 (2,384) 0 (2,384)
Class A common shares dividend (Note 10) 0 0 0 (22,522) 0 (22,522)
Balance at Jun. 30, 2026 $ 360 $ 0 $ 705,328 $ 1,240,348 $ 672 $ 1,946,708
Balance (in Shares) at Jun. 30, 2026 36,035,434 43,592