XML 55 R45.htm IDEA: XBRL DOCUMENT v3.24.3
EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Basic:                  
Net loss $ 21,628 $ (105) $ (31,203) $ 32,688 $ (53,799) $ (4,748) $ 22,811 $ (9,680) $ (35,736)
Less: Preferred stock dividend (9,321)       (3,863)     (23,539) (6,352)
Less: Undistributed earnings allocable to preferred shareholders (6,732)                
Net (loss) income available to common stockholders $ 5,575       $ (57,662)     $ (33,219) $ (42,088)
Weighted average basic number of common shares outstanding basic 16,457       16,457     16,457 16,436
Basic net (loss) income per share of common share (in dollars per share) $ 0.34       $ (3.50)     $ (2.02) $ (2.56)
Diluted:                  
Net (loss) income available to common stockholders - basic $ 5,575       $ (57,662)     $ (33,219) $ (42,088)
Reallocation of undistributed earnings 12                
Net (loss) income available to common stockholders diluted $ 5,587       $ (57,662)     $ (33,219) $ (42,088)
Weighted average basic number of common shares outstanding basic 16,457       16,457     16,457 16,436
Common stock equivalent shares representing shares issuable upon vesting of restricted stock units 66                
Weighted average diluted number of common shares outstanding diluted 16,523       16,457     16,457 16,436
Diluted net income (loss) per share of common stock (in dollars per share) $ 0.34       $ (3.50)     $ (2.02) $ (2.56)
Common stock equivalents excluded from computation of diluted earnings per share of common stock because of anti-dilutive effect 100       300     300 600