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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) (85,163) (73,489)       (73,489)   (11,674)
Common stock repurchases (3,493) (3,493) (6)   (3,487)      
Stock based compensation (benefit) expense, net 1,066 1,066 5   1,061      
Dividends declared on common stock (36,365) (36,365)       (36,365)    
Dividends declared on preferred stock (20,878) (20,878)       (20,878)    
Dividends attributable to dividend equivalents (556) (556)       (556)    
Reclassification adjustment for net loss included in net loss 4 4         4  
(Decrease) increase in non-controlling interest related to de-consolidation of VIEs 1,526             1,526
Contributions of non-controlling interest in Consolidated VIEs 462             462
Decrease in non-controlling interest related to distributions from Consolidated VIEs (1,014)             (1,014)
Adjustment of redeemable non-controlling interest to estimated redemption value (13,991) (13,991)     (13,991)      
Ending balance at Jun. 30, 2024 1,441,663 1,431,910 906 535,445 2,280,664 (1,385,105) 0 9,753
Beginning balance at Mar. 31, 2024 1,499,206 1,485,256 912 535,445 2,289,452 (1,340,553) 0 13,950
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (19,505) (15,589)       (15,589)   (3,916)
Common stock repurchases (3,493) (3,493) (6)   (3,487)      
Stock based compensation (benefit) expense, net 2,262 2,262 0   2,262      
Dividends declared on common stock (18,118) (18,118)       (18,118)    
Dividends declared on preferred stock (10,439) (10,439)       (10,439)    
Dividends attributable to dividend equivalents (406) (406)       (406)    
Reclassification adjustment for net loss included in net loss 0              
(Decrease) increase in non-controlling interest related to de-consolidation of VIEs (73)             (73)
Contributions of non-controlling interest in Consolidated VIEs 26             26
Decrease in non-controlling interest related to distributions from Consolidated VIEs (234)             (234)
Adjustment of redeemable non-controlling interest to estimated redemption value (7,563) (7,563)     (7,563)      
Ending balance at Jun. 30, 2024 1,441,663 1,431,910 906 535,445 2,280,664 (1,385,105) 0 9,753
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) 49,231 50,701       50,701   (1,470)
Preferred stock issuance, net 3,969 3,969   3,969        
Common stock repurchases (1,502) (1,502) (2)   (1,500)      
Stock based compensation (benefit) expense, net 3,328 3,328 (1)   3,329      
Dividends declared on common stock (36,169) (36,169)       (36,169)    
Dividends declared on preferred stock (23,902) (23,902)       (23,902)    
Dividends attributable to dividend equivalents (1,043) (1,043)       (1,043)    
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 (510)             (510)
Adjustment of redeemable non-controlling interest to estimated redemption value (8,899) (8,899)     (8,899)      
Ending balance at Jun. 30, 2025 1,383,873 1,381,203 903 539,414 2,281,974 (1,441,088) 0 2,670
Beginning balance at Mar. 31, 2025 1,404,930 1,401,946 905 535,445 2,284,569 (1,418,973) 0 2,984
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 8,539 8,546       8,546   (7)
Preferred stock issuance, net 3,969 3,969   3,969        
Common stock repurchases (1,502) (1,502) (2)   (1,500)      
Stock based compensation (benefit) expense, net 2,467 2,467 0   2,467      
Dividends declared on common stock (18,063) (18,063)       (18,063)    
Dividends declared on preferred stock (12,032) (12,032)       (12,032)    
Dividends attributable to dividend equivalents (566) (566)       (566)    
Reclassification adjustment for net loss included in net loss 0              
Decrease in non-controlling interest related to distributions from Consolidated VIEs (307)             (307)
Adjustment of redeemable non-controlling interest to estimated redemption value (3,562) (3,562)     (3,562)      
Ending balance at Jun. 30, 2025 $ 1,383,873 $ 1,381,203 $ 903 $ 539,414 $ 2,281,974 $ (1,441,088) $ 0 $ 2,670