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Changes in Equity (Tables)

6 Months Ended

Jun. 30, 2025

Stockholders' Equity Note [Abstract]

Schedule of Stockholders Equity

A reconciliation of the changes in equity for the three and six months ended June 30, 2025 and 2024 is provided below:


			Three Months Ended June 30, 2025
(in thousands)			Common Stock			Additional Paid-in Capital			Retained Earnings (Deficit)			Accumulated Other Comprehensive Loss			Noncontrolling Interests			Total Equity
Balance - March 31, 2025			$	52,703		$	1,142,299		$	(2,577)		$	(32,190)		$	27,362		$	1,187,597
Net income			—			—			19,974			—			27,112			47,086
Other comprehensive income			—			—			—			1,946			1,316			3,262
Share-based compensation			—			2,984			—			—			—			2,984
Issuance of common stock, net			40			—			—			—			—			40
Contributions from noncontrolling interests			—			—			—			—			7,500			7,500
Distributions to noncontrolling interests			—			—			—			—			(8,650)			(8,650)
Balance - June 30, 2025			$	52,743		$	1,145,283		$	17,397		$	(30,244)		$	54,640		$	1,239,819


			Six Months Ended June 30, 2025
(in thousands)			Common Stock			Additional Paid-in Capital			Retained Earnings (Deficit)			Accumulated Other Comprehensive Loss			Noncontrolling Interests			Total Equity
Balance - December 31, 2024			$	52,486		$	1,146,800		$	(30,575)		$	(33,988)		$	23,883		$	1,158,606
Net income			—			—			47,972			—			41,863			89,835
Other comprehensive income			—			—			—			3,744			1,794			5,538
Share-based compensation			—			3,851			—			—			—			3,851
Issuance of common stock, net			257			(5,368)			—			—			—			(5,111)
Contributions from noncontrolling interests			—			—			—			—			7,500			7,500
Distributions to noncontrolling interests			—			—			—			—			(20,400)			(20,400)
Balance - June 30, 2025			$	52,743		$	1,145,283		$	17,397		$	(30,244)		$	54,640		$	1,239,819


			Three Months Ended June 30, 2024
(in thousands)			Common Stock			Additional Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive Loss			Noncontrolling Interests			Total Equity
Balance - March 31, 2024			$	52,284		$	1,146,008		$	148,906		$	(40,162)		$	(3,802)		$	1,303,234
Net income			—			—			812			—			15,157			15,969
Other comprehensive loss			—			—			—			(64)			(193)			(257)
Share-based compensation			—			2,852			—			—			—			2,852
Issuance of common stock, net			105			(786)			—			—			—			(681)

Distributions to noncontrolling interests			—			—			—			—			(5,000)			(5,000)
Balance - June 30, 2024			$	52,389		$	1,148,074		$	149,718		$	(40,226)		$	6,162		$	1,316,117


			Six Months Ended June 30, 2024
(in thousands)			Common Stock			Additional Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive Loss			Noncontrolling Interests			Total Equity
Balance - December 31, 2023			$	52,025		$	1,146,204		$	133,146		$	(39,787)		$	(7,677)		$	1,283,911
Net income			—			—			16,572			—			26,899			43,471
Other comprehensive loss			—			—			—			(439)			(660)			(1,099)
Share-based compensation			—			4,355			—			—			—			4,355
Issuance of common stock, net			364			(2,485)			—			—			—			(2,121)

Distributions to noncontrolling interests			—			—			—			—			(12,400)			(12,400)
Balance - June 30, 2024			$	52,389		$	1,148,074		$	149,718		$	(40,226)		$	6,162		$	1,316,117