v3.26.3
Equity
9 Months Ended
Sep. 30, 2026
Equity [Abstract]  
Equity Equity
Common Stock Dividends—The following table summarizes the common stock dividends declared during the period (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Common stock dividends declared$— $3,430 $— $10,232 
Stock Repurchases—On May 3, 2024, the board of directors approved a new share repurchase program pursuant to which the board of directors granted a repurchase authorization to acquire shares of the Company’s common stock, par value $0.01 per share, having an aggregate value of up to $50 million. As of September 30, 2026, the Company has not repurchased any common stock pursuant to this program.
8.25% Series D Cumulative Preferred Stock—The dividend for all issued and outstanding shares of the Company’s Series D Cumulative Preferred Stock (the “Series D Preferred Stock”) is set at $2.0625 per annum per share.
The following table summarizes dividends declared (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Series D Cumulative Preferred Stock$825 $825 $2,475 $2,475