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REDEEMABLE PREFERRED STOCK (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

Schedule of Issuances, Reclassifications and Redemptions for each class of Preferred Stock in Permanent Equity

The table below provides information regarding the issuances, reclassifications and redemptions of each class of the Company’s preferred stock in permanent equity during the three and six months ended June 30, 2025 and 2024 (dollar amounts in thousands):

			Preferred Stock
			Series A1												Series A												Series D																		Total
			Shares						Amount						Shares						Amount						Shares						Amount																		Shares						Amount
Balances, December 31, 2023			10,378,343						$	256,935					7,431,839						$	185,704					48,447						$	1,190																	17,858,629						$	443,829
Issuance of A1 Preferred Stock			853,879						21,246						—						—						—						—																		853,879						21,246
Redemption of Series A1 Preferred Stock			(24,046)						(595)						—						—						—						—																		(24,046)						(595)
Redemption of Series A Preferred Stock			—						—						(389,506)						(9,698)						—						—																		(389,506)						(9,698)
Balances, March 31, 2024			11,208,176						$	277,586					7,042,333						$	176,006					48,447						$	1,190																	18,298,956						$	454,782
Redemption of Series A1 Preferred Stock			(32,002)						(791)						—						—						—						—																		(32,002)						(791)
Redemption of Series A Preferred Stock			—						—						(287,474)						(7,162)						—						—																		(287,474)						(7,162)
Balances, June 30, 2024			11,176,174						$	276,795					6,754,859						$	168,844					48,447						$	1,190																	17,979,480						$	446,829
Balances, December 31, 2024			8,372,689						$	207,387					4,125,363						$	103,326					48,447						$	1,190																	12,546,499						$	311,903
Redemption of Series A1 Preferred Stock paid in Common Stock			(194,216)						(4,813)						—						—						—						—																		(194,216)						(4,813)
Redemption of Series A Preferred Stock paid in Common Stock			—						—						(104,471)						(2,606)						—						—																		(104,471)						(2,606)
Balances, March 31, 2025			8,178,473						$	202,574					4,020,892						$	100,720					48,447						$	1,190																	12,247,812						$	304,484
Reclassification of Series A1 Preferred Stock to Permanent Equity			364,714						9,491						—						—						—						—																		364,714						9,491
Balances, June 30, 2025			8,543,187						$	212,065					4,020,892						$	100,720					48,447						$	1,190																	12,612,526						$	313,975

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Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

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