v3.26.3
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Other revenue $ 0 $ 3 $ 0 $ 485
Total revenues 0 3 0 485
Expenses:        
Employee compensation and benefits 3,872 10,436 17,136 26,754
Depreciation and amortization 365 365 1,083 1,083
Other expenses 1,752 2,086 5,818 9,984
Total expenses 5,989 12,887 24,037 37,821
Operating income (loss) before taxes (5,989) (12,884) (24,037) (37,336)
Non operating income:        
Net realized and unrealized gains (losses) (3) 273 (264) (441)
Other income 11,055 1,237 15,938 2,638
Income (loss) before taxes 5,063 (11,374) (8,363) (35,139)
Less: provision (benefit) for income taxes 440 (1,870) 602 (5,489)
Net income (loss) from continuing operations 4,623 (9,504) (8,965) (29,650)
Discontinued operations:        
Income (loss) from discontinued operations [1] 578 15,925 417,645 60,666
Net income (loss) attributable to common stockholders $ 5,201 $ 6,421 $ 408,680 $ 31,016
Net income (loss) from continuing operations per common share:        
Basic earnings per share (in dollars per share) $ 0.12 $ (0.25) $ (0.24) $ (0.79)
Diluted earnings per share (in dollars per share) 0.12 (0.25) (0.24) (0.79)
Net income (loss) from discontinued operations per common share:        
Basic earnings per share (in dollars per share) 0.02 0.42 11.14 1.62
Diluted earnings per share (in dollars per share) 0.02 0.38 11.06 1.49
Net income (loss) per common share:        
Basic earnings per share (in dollars per share) 0.14 0.17 10.9 0.83
Diluted earnings per share (in dollars per share) $ 0.14 $ 0.13 $ 10.82 $ 0.7
Weighted average number of common shares:        
Basic (in shares) 37,219,388 37,565,019 37,501,234 37,470,832
Diluted (in shares) 37,788,015 37,565,019 37,501,234 37,470,832
Dividends declared per common share (in dollars per share) $ 0.06 $ 0.06 $ 0.18 $ 0.18
[1] See Note (3) Dispositions and Discontinued Operations for further details.