Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF EQUITY

v3.26.1
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, 2024     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) (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, 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        
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, net (10)            
Ending balance (in shares) at Jun. 30, 2025     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, net (24) (24)     (24)    
Ending balance (in shares) at Jun. 30, 2025     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 Dec. 31, 2025 56,314,634   56,314,634        
Beginning balance at Dec. 31, 2025 $ 624,515 623,213 $ 56 1,151,644 (5) (528,482) 1,302
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (13,568) (13,578)       (13,578) 10
Distributions (1,411) (1,372)       (1,372) (39)
Repurchases of common stock to settle tax obligations (in shares)     (270,109)        
Repurchases of common stock to settle tax obligations (619) (619)   (619)      
Equity-based compensation, net (in shares)     785,543        
Equity-based compensation, net 868 868 $ 1 867      
Other comprehensive income, net 5 5     5    
Ending balance (in shares) at Mar. 31, 2026     56,830,068        
Ending balance at Mar. 31, 2026 $ 609,790 608,517 $ 57 1,151,892 0 (543,432) 1,273
Beginning balance (in shares) at Dec. 31, 2025 56,314,634   56,314,634        
Beginning balance at Dec. 31, 2025 $ 624,515 623,213 $ 56 1,151,644 (5) (528,482) 1,302
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income 11,015            
Other comprehensive income, net $ 5            
Ending balance (in shares) at Jun. 30, 2026 57,044,714   57,044,714        
Ending balance at Jun. 30, 2026 $ 634,029 632,752 $ 57 1,152,706 0 (520,011) 1,277
Beginning balance (in shares) at Mar. 31, 2026     56,830,068        
Beginning balance at Mar. 31, 2026 609,790 608,517 $ 57 1,151,892 0 (543,432) 1,273
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income 24,583 24,579       24,579 4
Distributions (1,158) (1,158)       (1,158)  
Equity-based compensation, net (in shares)     214,646        
Equity-based compensation, net 814 814   814      
Other comprehensive income, net $ 0            
Ending balance (in shares) at Jun. 30, 2026 57,044,714   57,044,714        
Ending balance at Jun. 30, 2026 $ 634,029 $ 632,752 $ 57 $ 1,152,706 $ 0 $ (520,011) $ 1,277