XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock Outstanding [Member]
Additional Paid-in Capital [Member]
Treasury Stock, Common [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance (in shares) at Dec. 31, 2023 27,101,613              
Balance at Dec. 31, 2023 $ 278 $ 379,535 $ (3,696) $ (346,868) $ (1,540) $ 27,709 $ (3,098) $ 24,611
Net loss 0 0 0 (4,848) 0 (4,848) 334 (4,514)
Other comprehensive loss 0 0 0 0 14 14 (3) 11 [1]
Stock-based compensation 0 585 0 0 0 585 0 585
Distributions to noncontrolling interest holders $ 0 0 0 0 0 0 (678) (678)
Repurchases of common stock (in shares) (118,550)              
Repurchases of common stock $ 0 0 (954) 0 0 (954) 0 (954)
Balance (in shares) at Jun. 30, 2024 27,261,959              
Balance at Jun. 30, 2024 $ 281 378,273 (4,650) (351,716) (1,526) 20,662 (3,445) 17,217
Vesting of restricted stock awards (in shares) 500,000              
Vesting of restricted stock awards $ 5 0 0 0 0 5 0 5
Tax withholding related to net of share settlement of restricted stock awards (in shares) (221,104)              
Tax withholding related to net of share settlement of restricted stock awards $ (2) (1,847) 0 0 0 (1,849) 0 (1,849)
Balance (in shares) at Mar. 31, 2024 27,372,509              
Balance at Mar. 31, 2024 $ 281 378,008 (3,760) (349,353) (1,588) 23,588 (2,946) 20,642
Net loss 0 0 0 (2,363) 0 (2,363) 177 (2,186)
Other comprehensive loss 0 0 0 0 62 62 2 64 [1]
Stock-based compensation 0 265 0 0 0 265 0 265
Distributions to noncontrolling interest holders $ 0 0 0 0 0 0 (678) (678)
Repurchases of common stock (in shares) (110,550)              
Repurchases of common stock $ 0 0 (890) 0 0 (890) 0 (890)
Balance (in shares) at Jun. 30, 2024 27,261,959              
Balance at Jun. 30, 2024 $ 281 378,273 (4,650) (351,716) (1,526) 20,662 (3,445) $ 17,217
Balance (in shares) at Dec. 31, 2024 27,136,749             28,119,776
Balance at Dec. 31, 2024 $ 281 376,503 (6,200) (361,453) (718) 8,413 1,639 $ 10,052
Common stock issued at $11.75 per share, net (in shares) 1,336,264              
Common stock issued at $11.75 per share, net $ 13 15,589 0 0 0 15,602 0 15,602
Net loss 0 0 0 (6,534) 0 (6,534) 277 (6,257)
Preferred stock dividends 0 0 0 (533) 0 (533) 0 (533)
Other comprehensive loss 0 0 0 0 78 78 0 78 [1]
Stock-based compensation $ 0 761 0 0 0 761 0 761
Repurchases of common stock (in shares) (42,900)              
Repurchases of common stock $ 0 0 (345) 0 0 (345) 0 $ (345)
Balance (in shares) at Jun. 30, 2025 28,430,113             29,456,040
Balance at Jun. 30, 2025 $ 294 392,853 (6,545) (368,520) (640) 17,442 1,916 $ 19,358
Balance (in shares) at Mar. 31, 2025 27,093,849              
Balance at Mar. 31, 2025 $ 281 376,924 (6,545) (364,892) (315) 5,453 1,764 7,217
Common stock issued at $11.75 per share, net (in shares) 1,336,264              
Common stock issued at $11.75 per share, net $ 13 15,589 0 0 0 15,602 0 15,602
Net loss 0 0 0 (3,317) 0 (3,317) 152 (3,165)
Preferred stock dividends 0 0 0 (311) 0 (311) 0 (311)
Other comprehensive loss 0 0 0 0 (325) (325) 0 (325) [1]
Stock-based compensation $ 0 340 0 0 0 340 0 $ 340
Balance (in shares) at Jun. 30, 2025 28,430,113             29,456,040
Balance at Jun. 30, 2025 $ 294 $ 392,853 $ (6,545) $ (368,520) $ (640) $ 17,442 $ 1,916 $ 19,358
[1] Net of income tax expense (benefit) of $0 for the three months ended March 31, 2025 and March 31, 2024.