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Changes in Equity (Tables)

9 Months Ended

Sep. 30, 2025

Stockholders' Equity Note [Abstract]

Schedule of Stockholders Equity

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


			Three Months Ended September 30, 2025
(in thousands)			Common Stock			Additional Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive Loss			Noncontrolling Interests			Total Equity
Balance - June 30, 2025			$	52,743		$	1,145,283		$	17,397		$	(30,244)		$	54,640		$	1,239,819
Net income			—			—			3,631			—			15,217			18,848
Other comprehensive income (loss)			—			—			—			306			(574)			(268)
Share-based compensation			—			2,514			—			—			—			2,514


Distributions to noncontrolling interests			—			—			—			—			(7,500)			(7,500)
Balance - September 30, 2025			$	52,743		$	1,147,797		$	21,028		$	(29,938)		$	61,783		$	1,253,413


			Nine Months Ended September 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			—			—			51,603			—			57,080			108,683
Other comprehensive income			—			—			—			4,050			1,220			5,270
Share-based compensation			—			6,365			—			—			—			6,365
Issuance of common stock, net			257			(5,368)			—			—			—			(5,111)
Contributions from noncontrolling interests			—			—			—			—			7,500			7,500
Distributions to noncontrolling interests			—			—			—			—			(27,900)			(27,900)
Balance - September 30, 2025			$	52,743		$	1,147,797		$	21,028		$	(29,938)		$	61,783		$	1,253,413


			Three Months Ended September 30, 2024
(in thousands)			Common Stock			Additional Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive Loss			Noncontrolling Interests			Total Equity
Balance - June 30, 2024			$	52,389		$	1,148,074		$	149,718		$	(40,226)		$	6,162		$	1,316,117
Net income (loss)			—			—			(100,862)			—			11,260			(89,602)
Other comprehensive income			—			—			—			4,242			677			4,919
Share-based compensation			—			1,230			—			—			—			1,230
Issuance of common stock, net			46			(1,108)			—			—			—			(1,062)
Contributions from noncontrolling interests			—			—			—			—			87			87

Balance - September 30, 2024			$	52,435		$	1,148,196		$	48,856		$	(35,984)		$	18,186		$	1,231,689


			Nine Months Ended September 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 (loss)			—			—			(84,290)			—			38,159			(46,131)
Other comprehensive income			—			—			—			3,803			17			3,820
Share-based compensation			—			5,585			—			—			—			5,585
Issuance of common stock, net			410			(3,593)			—			—			—			(3,183)
Contributions from noncontrolling interests			—			—			—			—			87			87
Distributions to noncontrolling interests			—			—			—			—			(12,400)			(12,400)
Balance - September 30, 2024			$	52,435		$	1,148,196		$	48,856		$	(35,984)		$	18,186		$	1,231,689