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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT) (UNAUDITED) - USD ($)
$ in Thousands
Total
Series A preferred stock
Series B preferred stock
Class A common stock
Class B common stock
Standby Equity Purchase Agreement
Recent Financings
Settlement of Liability
Preferred Stock
Series A preferred stock
Preferred Stock
Series B preferred stock
Preferred Stock
Recent Financings
Series B preferred stock
Common Class A and B
Class A common stock
Common Class A and B
Class B common stock
Common Class A and B
Standby Equity Purchase Agreement
Class A common stock
Common Class A and B
Settlement of Liability
Class A common stock
APIC
APIC
Standby Equity Purchase Agreement
APIC
Recent Financings
APIC
Settlement of Liability
Accumulated Deficit
Stock Receivable
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Noncontrolling Interest
Recent Financings
Redeemable noncontrolling interests
Beginning balance, preferred (in shares) at Mar. 31, 2024                 0 227,000                                
Beginning balance (in shares) at Mar. 31, 2024                       3,348,000 239,000                          
Beginning balance at Mar. 31, 2024 $ (192,118)               $ 0 $ 0   $ 3 $ 0     $ 1,848,068       $ (2,059,214) $ (20,038) $ (3,444) $ 276 $ 42,231    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                    
Net income (loss) 39,954                                     47,667       (7,713)    
Reclass of distributions payable to noncontrolling interest holder (225)                                             (225)    
Recognition of share-based compensation cost 994                             994                    
Issuance of stock (in shares)                           449,000 129,000                      
Issuance of equity in connection with recent financings           $ 2,555   $ 914           $ 1     $ 2,554   $ 914              
Equity issuance costs reclassed to APIC (343)                             (343)                    
Unrealized gain (loss) on available-for-sale debt securities (21)                                           (21)      
Rounding adjustment in connection with reverse stock split ( in shares)                       80,000                            
Ending balance, preferred (in shares) at Jun. 30, 2024                 0 227,000                                
Ending balance (in shares) at Jun. 30, 2024                       4,006,000 239,000                          
Ending balance at Jun. 30, 2024 (148,290)               $ 0 $ 0   $ 4 $ 0     1,852,187       (2,011,547) (20,038) (3,444) 255 34,293    
Beginning balance, noncontrolling interests at Mar. 31, 2024                                                   $ 251,052
Increase (Decrease) in Temporary Equity [Roll Forward]                                                    
Net income (loss), temporary equity                                                   4,356
Preferred A-0 Unit Accounts guaranteed payment accrual                                                   (4,356)
Ending balance, noncontrolling interests at Jun. 30, 2024                                                   251,052
Beginning balance, preferred (in shares) at Mar. 31, 2025   0 363,125           0 363,000                                
Beginning balance (in shares) at Mar. 31, 2025       8,474,000 239,000             8,483,000 239,000                          
Beginning balance at Mar. 31, 2025 (34,925)               $ 0 $ 0   $ 8 $ 0     1,844,489       (2,008,052) 0 (3,444) (2) 132,076    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                    
Net income (loss) (94,315)                                     (65,076)       (29,239)    
Reclass of distributions payable to noncontrolling interest holder (921)                                             (921)    
Recognition of share-based compensation cost 461                             461                    
Issuance of stock (in shares)                     1,180,000     942,000                        
Issuance of equity in connection with recent financings           $ 271 $ 11,800       $ 2     $ 1     $ 270 $ 11,503           295 $ 295  
Miscellaneous adjustment to previously allocated FLP Subclass 3 income 189                                             189    
Unrealized gain (loss) on available-for-sale debt securities 0                                                  
Ending balance, preferred (in shares) at Jun. 30, 2025   0 1,543,071           0 1,543,000                                
Ending balance (in shares) at Jun. 30, 2025       9,416,000 239,000             9,425,000 239,000                          
Ending balance at Jun. 30, 2025 (120,397)               $ 0 $ 2   $ 9 $ 0     $ 1,856,723       $ (2,073,128) $ 0 $ (3,444) $ (2) 99,443    
Beginning balance, noncontrolling interests at Mar. 31, 2025 90,526                                                 90,526
Increase (Decrease) in Temporary Equity [Roll Forward]                                                    
Net income (loss), temporary equity                                                   1,667
Preferred A-0 Unit Accounts guaranteed payment accrual (2,957)                                             $ (2,957)   (1,667)
Ending balance, noncontrolling interests at Jun. 30, 2025 $ 90,526                                                 $ 90,526