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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Total Company's Stockholders' Equity
Common Stock
Preferred Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Non-Controlling Interest in Consolidated VIEs
Beginning balance at Dec. 31, 2023 $ 1,600,065 $ 1,579,612 $ 907 $ 535,445 $ 2,297,081 $ (1,253,817) $ (4) $ 20,453
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (65,659) (57,901)       (57,901)   (7,758)
Stock based compensation (benefit) expense, net (1,196) (1,196) 5   (1,201)      
Dividends declared on common stock (18,246) (18,246)       (18,246)    
Dividends declared on preferred stock (10,439) (10,439)       (10,439)    
Dividends attributable to dividend equivalents (150) (150)       (150)    
Reclassification adjustment for net loss included in net loss 4 4         4  
Increase in non-controlling interest related to de-consolidation of VIEs 1,598             1,598
Contributions of non-controlling interest in Consolidated VIEs 436             436
Decrease in non-controlling interest related to distributions from Consolidated VIEs (779)             (779)
Adjustment of redeemable non-controlling interest to estimated redemption value (6,428) (6,428)     (6,428)      
Ending balance at Mar. 31, 2024 1,499,206 1,485,256 912 535,445 2,289,452 (1,340,553) 0 13,950
Beginning balance at Dec. 31, 2024 1,398,775 1,394,720 906 535,445 2,289,044 (1,430,675) 0 4,055
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 40,692 42,155       42,155   (1,463)
Stock based compensation (benefit) expense, net 861 861 (1)   862      
Dividends declared on common stock (18,106) (18,106)       (18,106)    
Dividends declared on preferred stock (11,870) (11,870)       (11,870)    
Dividends attributable to dividend equivalents (477) (477)       (477)    
Reclassification adjustment for net loss included in net loss 0              
Contributions of non-controlling interest in Consolidated VIEs 595             595
Decrease in non-controlling interest related to distributions from Consolidated VIEs (203)             (203)
Adjustment of redeemable non-controlling interest to estimated redemption value (5,337) (5,337)     (5,337)      
Ending balance at Mar. 31, 2025 $ 1,404,930 $ 1,401,946 $ 905 $ 535,445 $ 2,284,569 $ (1,418,973) $ 0 $ 2,984