v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Accounting Standards Update 2016-13
 [3]
Balances (as adjusted to reflect the adoption of ASU 2025-07) – January 1, 2026
 [2],[3]
Preferred Stock
Preferred Stock
Balances (as adjusted to reflect the adoption of ASU 2025-07) – January 1, 2026
 [2],[3]
Common Stock
Common Stock
Balances (as adjusted to reflect the adoption of ASU 2025-07) – January 1, 2026
 [2],[3]
Additional Paid-In Capital
Additional Paid-In Capital
Balances (as adjusted to reflect the adoption of ASU 2025-07) – January 1, 2026
 [2],[3]
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Balances (as adjusted to reflect the adoption of ASU 2025-07) – January 1, 2026
 [2],[3]
Retained Deficit
Retained Deficit
Accounting Standards Update 2016-13
 [3]
Retained Deficit
Balances (as adjusted to reflect the adoption of ASU 2025-07) – January 1, 2026
 [2],[3]
Preferred stock, beginning balance (in shares) at Dec. 31, 2024       149                    
Beginning balance at Dec. 31, 2024 $ 358,883     $ 0   $ 13 [1]   $ 2,473,564 [1]   $ 13,452   $ (2,128,146)    
Beginning balance (in shares) at Dec. 31, 2024 [1]           126,425                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net issuance of restricted stock awards and stock for employee stock options and recognition of stock-based compensation (in shares) [1]           154                
Net issuance of restricted stock awards and stock for employee stock options and recognition of stock-based compensation 8,220             8,220 [1]            
Series A Preferred Dividends (2,615)             (2,615) [1]            
Other 32             32 [1]            
Other comprehensive income (loss) (2,845)                 (2,845)        
Net (loss) income (17,331)                     (17,331)    
Preferred stock, ending balance (in shares) at Mar. 31, 2025       149                    
Ending balance at Mar. 31, 2025 344,344     $ 0   $ 13 [1]   2,479,201 [1]   10,607   (2,145,477)    
Ending balance (in shares) at Mar. 31, 2025 [1]           126,579                
Preferred stock, beginning balance (in shares) at Dec. 31, 2024       149                    
Beginning balance at Dec. 31, 2024 358,883     $ 0   $ 13 [1]   2,473,564 [1]   13,452   (2,128,146)    
Beginning balance (in shares) at Dec. 31, 2024 [1]           126,425                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net (loss) income 1,877                          
Preferred stock, ending balance (in shares) at Jun. 30, 2025       149                    
Ending balance at Jun. 30, 2025 360,880     $ 0   $ 13 [1]   2,484,106 [1]   3,030   (2,126,269)    
Ending balance (in shares) at Jun. 30, 2025 [1]           126,669                
Preferred stock, beginning balance (in shares) at Mar. 31, 2025       149                    
Beginning balance at Mar. 31, 2025 344,344     $ 0   $ 13 [1]   2,479,201 [1]   10,607   (2,145,477)    
Beginning balance (in shares) at Mar. 31, 2025 [1]           126,579                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net issuance of restricted stock awards and stock for employee stock options and recognition of stock-based compensation (in shares) [1]           90                
Net issuance of restricted stock awards and stock for employee stock options and recognition of stock-based compensation 6,626             6,626 [1]            
Series A Preferred Dividends (2,644)             (2,644) [1]            
Other 923             923 [1]            
Other comprehensive income (loss) (7,577)                 (7,577)        
Net (loss) income 19,208                     19,208    
Preferred stock, ending balance (in shares) at Jun. 30, 2025       149                    
Ending balance at Jun. 30, 2025 360,880     $ 0   $ 13 [1]   2,484,106 [1]   3,030   (2,126,269)    
Ending balance (in shares) at Jun. 30, 2025 [1]           126,669                
Preferred stock, beginning balance (in shares) at Dec. 31, 2025       149 149                  
Beginning balance at Dec. 31, 2025 355,729 $ (28,416) $ 327,313 $ 0 $ 0 $ 13 $ 13 2,489,227 $ 2,489,227 3,286 $ 3,286 (2,136,797) $ (28,416) $ (2,165,213)
Beginning balance (in shares) at Dec. 31, 2025           128,050 128,050              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net issuance of restricted stock awards and stock for employee stock options and recognition of stock-based compensation (in shares)           541                
Net issuance of restricted stock awards and stock for employee stock options and recognition of stock-based compensation 5,086             5,086            
Series A Preferred Dividends (2,615)             (2,615)            
Other (3)             (3) [1]            
Other comprehensive income (loss) 2,039                 2,039        
Net loss (as reported) (17,420)                     (17,420)    
Impact of adoption of ASU 2025-07 on net loss [2],[3] 2,602                     2,602    
Preferred stock, ending balance (in shares) at Mar. 31, 2026 [2]       149                    
Ending balance at Mar. 31, 2026 [2] 317,002     $ 0   $ 13   2,491,695   5,325   (2,180,031)    
Ending balance (in shares) at Mar. 31, 2026 [2]           128,591                
Preferred stock, beginning balance (in shares) at Dec. 31, 2025       149 149                  
Beginning balance at Dec. 31, 2025 355,729 $ (28,416) $ 327,313 $ 0 $ 0 $ 13 $ 13 2,489,227 $ 2,489,227 3,286 $ 3,286 (2,136,797) $ (28,416) $ (2,165,213)
Beginning balance (in shares) at Dec. 31, 2025           128,050 128,050              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net (loss) income (41,357)                          
Preferred stock, ending balance (in shares) at Jun. 30, 2026       149                    
Ending balance at Jun. 30, 2026 292,613     $ 0   $ 13   2,492,511   6,659   (2,206,570)    
Ending balance (in shares) at Jun. 30, 2026           129,562                
Preferred stock, beginning balance (in shares) at Mar. 31, 2026 [2]       149                    
Beginning balance at Mar. 31, 2026 [2] 317,002     $ 0   $ 13   2,491,695   5,325   (2,180,031)    
Beginning balance (in shares) at Mar. 31, 2026 [2]           128,591                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net issuance of restricted stock awards and stock for employee stock options and recognition of stock-based compensation (in shares)           971                
Net issuance of restricted stock awards and stock for employee stock options and recognition of stock-based compensation 3,460             3,460            
Series A Preferred Dividends (2,644)             (2,644)            
Other comprehensive income (loss) 1,334                 1,334        
Net (loss) income (26,539)                     (26,539)    
Preferred stock, ending balance (in shares) at Jun. 30, 2026       149                    
Ending balance at Jun. 30, 2026 $ 292,613     $ 0   $ 13   $ 2,492,511   $ 6,659   $ (2,206,570)    
Ending balance (in shares) at Jun. 30, 2026           129,562                
[1] All historical share and per share amounts for the periods prior to the completion of the 1:15 reverse stock split on February 10, 2025 reflected in this Report have been adjusted to reflect the reverse stock split.
[2] Balances reflect the impact of the adoption of ASU 2025-07 during the quarter ended June 30, 2026, effective January 1, 2026.
[3] Refer to Note 8: Derivatives for further discussion of the adoption of ASU 2025-07 as of January 1, 2026.