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 |
(103,483)
|
|
|
|
|
|
|
| Other comprehensive income, net |
(2)
|
|
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2025 |
|
|
56,314,634
|
|
|
|
|
| Ending balance at Sep. 30, 2025 |
660,117
|
658,822
|
$ 56
|
1,150,246
|
(17)
|
(491,463)
|
1,295
|
| 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
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
| Net (loss) income |
(69,027)
|
(69,035)
|
|
|
|
(69,035)
|
8
|
| Distributions |
(1,157)
|
(1,126)
|
|
|
|
(1,126)
|
(31)
|
| Repurchases of common stock to settle tax obligations (in shares) |
|
|
(3,397)
|
|
|
|
|
| Repurchases of common stock to settle tax obligations |
(9)
|
(9)
|
|
(9)
|
|
|
|
| Equity-based compensation, net (in shares) |
|
|
10,730
|
|
|
|
|
| Equity-based compensation, net |
972
|
972
|
|
972
|
|
|
|
| Other comprehensive income, net |
8
|
8
|
|
|
8
|
|
|
| Ending balance (in shares) at Sep. 30, 2025 |
|
|
56,314,634
|
|
|
|
|
| Ending balance at Sep. 30, 2025 |
$ 660,117
|
658,822
|
$ 56
|
1,150,246
|
(17)
|
(491,463)
|
1,295
|
| 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 |
7,742
|
|
|
|
|
|
|
| Other comprehensive income, net |
$ 5
|
|
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2026 |
57,044,714
|
|
57,044,714
|
|
|
|
|
| Ending balance at Sep. 30, 2026 |
$ 630,376
|
629,131
|
$ 57
|
1,153,510
|
0
|
(524,436)
|
1,245
|
| 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
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2026 |
|
|
57,044,714
|
|
|
|
|
| Ending balance at Jun. 30, 2026 |
634,029
|
632,752
|
$ 57
|
1,152,706
|
0
|
(520,011)
|
1,277
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
| Net (loss) income |
(3,273)
|
(3,284)
|
|
|
|
(3,284)
|
11
|
| Distributions |
(1,184)
|
(1,141)
|
|
|
|
(1,141)
|
(43)
|
| Equity-based compensation, net (in shares) |
|
|
0
|
|
|
|
|
| Equity-based compensation, net |
804
|
804
|
|
804
|
|
|
|
| Other comprehensive income, net |
$ 0
|
|
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2026 |
57,044,714
|
|
57,044,714
|
|
|
|
|
| Ending balance at Sep. 30, 2026 |
$ 630,376
|
$ 629,131
|
$ 57
|
$ 1,153,510
|
$ 0
|
$ (524,436)
|
$ 1,245
|