Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF EQUITY

v3.25.2
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
Non-Controlling Interest
Beginning balance (in shares) at Dec. 31, 2023     55,783,548        
Beginning balance at Dec. 31, 2023 $ 887,003 $ 885,623 $ 56 $ 1,144,636 $ (264) $ (258,805) $ 1,380
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (26,226) (26,232)       (26,232) 6
Distributions (5,673) (5,673)       (5,673)  
Repurchases of common stock to settle tax obligations (in shares)     (46,598)        
Repurchases of common stock to settle tax obligations (162) (162)   (162)      
Equity-based compensation, net (in shares)     132,869        
Equity-based compensation, net 790 790   790      
Other comprehensive income (loss), net 219 219     219    
Ending balance (in shares) at Mar. 31, 2024     55,869,819        
Ending balance at Mar. 31, 2024 855,951 854,565 $ 56 1,145,264 (45) (290,710) 1,386
Beginning balance (in shares) at Dec. 31, 2023     55,783,548        
Beginning balance at Dec. 31, 2023 887,003 885,623 $ 56 1,144,636 (264) (258,805) 1,380
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (60,027)            
Other comprehensive income (loss), net 250            
Ending balance (in shares) at Jun. 30, 2024     55,947,802        
Ending balance at Jun. 30, 2024 817,491 816,105 $ 56 1,146,199 (14) (330,136) 1,386
Beginning balance (in shares) at Mar. 31, 2024     55,869,819        
Beginning balance at Mar. 31, 2024 855,951 854,565 $ 56 1,145,264 (45) (290,710) 1,386
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (33,801) (33,801)       (33,801)  
Distributions (5,625) (5,625)       (5,625)  
Equity-based compensation, net (in shares)     77,983        
Equity-based compensation, net 935 935   935      
Other comprehensive income (loss), net 31 31     31    
Ending balance (in shares) at Jun. 30, 2024     55,947,802        
Ending balance at Jun. 30, 2024 $ 817,491 816,105 $ 56 1,146,199 (14) (330,136) 1,386
Beginning balance (in shares) at Dec. 31, 2024 55,951,876   55,951,876        
Beginning balance at Dec. 31, 2024 $ 765,256 763,916 $ 56 1,148,223 (15) (384,348) 1,340
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (9,355) (9,361)       (9,361) 6
Distributions (1,357) (1,327)       (1,327)  
Distributions             (30)
Repurchases of common stock to settle tax obligations (in shares)     (132,362)        
Repurchases of common stock to settle tax obligations (466) (466)   (466)      
Equity-based compensation, net (in shares)     374,151        
Equity-based compensation, net 704 704   704      
Other comprehensive income (loss), net 14 14     14    
Ending balance (in shares) at Mar. 31, 2025     56,193,665        
Ending balance at Mar. 31, 2025 $ 754,796 753,480 $ 56 1,148,461 (1) (395,036) 1,316
Beginning balance (in shares) at Dec. 31, 2024 55,951,876   55,951,876        
Beginning balance at Dec. 31, 2024 $ 765,256 763,916 $ 56 1,148,223 (15) (384,348) 1,340
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (34,456)            
Other comprehensive income (loss), net $ (10)            
Ending balance (in shares) at Jun. 30, 2025 56,307,301   56,307,301        
Ending balance at Jun. 30, 2025 $ 729,330 728,012 $ 56 1,149,283 (25) (421,302) 1,318
Beginning balance (in shares) at Mar. 31, 2025     56,193,665        
Beginning balance at Mar. 31, 2025 754,796 753,480 $ 56 1,148,461 (1) (395,036) 1,316
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (25,101) (25,103)       (25,103) 2
Distributions (1,163) (1,163)       (1,163)  
Equity-based compensation, net (in shares)     113,636        
Equity-based compensation, net 822 822   822      
Other comprehensive income (loss), net $ (24) (24)     (24)    
Ending balance (in shares) at Jun. 30, 2025 56,307,301   56,307,301        
Ending balance at Jun. 30, 2025 $ 729,330 $ 728,012 $ 56 $ 1,149,283 $ (25) $ (421,302) $ 1,318