XML 32 R20.htm IDEA: XBRL DOCUMENT v3.25.1
SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
15. SUBSEQUENT EVENTS
On April 30, 2025, the Company provided notice of its intent to redeem all 21,612 outstanding shares of its Series A Preferred Stock, and the related depositary shares, each representing 1/1,000th of one share of Series A Preferred Stock. The shares will be redeemed in June 2025 at a redemption price of $25,000 per share, plus accrued and unpaid dividends of approximately $12.9 million. As described in Note 9, “Debt,” the Company plans to fund this redemption in part by using the net proceeds from the issuance of the 2033 Notes. The Company expects to recognize $30 million from the redemption as income attributable to common stockholders.