Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Changes in Equity (Unaudited)

v3.26.1
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Other Comprehensive Income [Member]
Retained Earnings [Member]
Total Stockholders' Equity [Member]
Non-controlling Interest [Member]
Balance at Dec. 31, 2024 $ 276,866 $ 12 $ (106,123) $ 276,681 $ 9,119 $ 97,177 $ 276,866 $ 0
Balance, shares at Dec. 31, 2024   115,771,318            
Share-based compensation 6,994 $ 0 0 6,994 0 0 6,994 0
Dividends on redeemable preferred stock (2,851) 0 0 0 0 (2,851) (2,851) 0
Dividends declared (6,910) 0 0 0 0 (6,910) (6,910) 0
Common stock repurchased (16,690) $ 0 (16,690) 0 0 0 (16,690) 0
Common stock repurchased, Shares   (4,002,661)            
Vesting and settlement of restricted share units 0 $ 0 0 0 0 0 0 0
Vesting and settlement of restricted share units, Shares   1,543,645            
Net (loss) income 7,426 $ 0 0 0 0 7,426 7,426 0
Balance at Jun. 30, 2025 264,835 $ 12 (122,813) 283,675 9,119 94,842 264,835 0
Balance, shares at Jun. 30, 2025   113,312,302            
Balance at Mar. 31, 2025 255,226 $ 12 (113,514) 280,017 9,119 79,592 255,226 0
Balance, shares at Mar. 31, 2025   115,437,127            
Share-based compensation 3,658 $ 0 0 3,658 0 0 3,658 0
Dividends on redeemable preferred stock (1,433) 0 0 0 0 (1,433) (1,433) 0
Dividends declared (3,415) 0 0 0 0 (3,415) (3,415) 0
Common stock repurchased (9,299) $ 0 (9,299) 0 0 0 (9,299) 0
Common stock repurchased, Shares   (2,227,074)            
Vesting and settlement of restricted share units 0 $ 0 0 0 0 0 0 0
Vesting and settlement of restricted share units, Shares   102,249            
Net (loss) income 20,098 $ 0 0 0 0 20,098 20,098 0
Balance at Jun. 30, 2025 264,835 $ 12 (122,813) 283,675 9,119 94,842 264,835 0
Balance, shares at Jun. 30, 2025   113,312,302            
Balance at Dec. 31, 2025 267,239 $ 11 (134,293) 291,853 9,119 100,549 267,239 0
Balance, shares at Dec. 31, 2025   110,860,618            
Share-based compensation 10,082 $ 0 0 9,289 0 0 9,289 793
Issuance of common stock in APC IPO, net of $19.5 million underwriting discounts and commissions and offering costs (see Note 3) 206,775 0 0 139,965 0   139,965 66,810
Dividends declared to non-controlling interests (3,268) 0 0 0 0 0 0 (3,268)
Dividends on redeemable preferred stock (2,851) 0 0 0 0 (2,851) (2,851) 0
Dividends declared (6,731) 0 0 0 0 (6,731) (6,731) 0
Common stock repurchased (4,293) $ 0 (4,293) 0 0 0 (4,293) 0
Common stock repurchased, Shares   (669,884)            
Vesting and settlement of restricted share units 0 $ 0 0 0 0 0 0 0
Vesting and settlement of restricted share units, Shares   1,994,987            
Net (loss) income 3,839 $ 0 0 0 0 (526) (526) 4,365
Balance at Jun. 30, 2026 470,792 $ 11 (138,586) 441,107 9,119 90,441 402,092 68,700
Balance, shares at Jun. 30, 2026   112,185,721            
Balance at Mar. 31, 2026 460,059 $ 11 (138,584) 435,736 9,119 89,124 395,406 64,653
Balance, shares at Mar. 31, 2026   112,183,702            
Share-based compensation 6,101 $ 0 0 5,371 0 0 5,371 730
Dividends declared to non-controlling interests 0 0 0 0 0 0 0 0
Dividends on redeemable preferred stock (1,433) 0 0 0 0 (1,433) (1,433) 0
Dividends declared (3,365) 0 0 0 0 (3,365) (3,365) 0
Common stock repurchased (2) $ 0 (2) 0 0 0 (2) 0
Common stock repurchased, Shares   (667)            
Vesting and settlement of restricted share units 0 $ 0 0 0 0 0 0 0
Vesting and settlement of restricted share units, Shares   2,686            
Net (loss) income 9,432 $ 0 0 0 0 6,115 6,115 3,317
Balance at Jun. 30, 2026 $ 470,792 $ 11 $ (138,586) $ 441,107 $ 9,119 $ 90,441 $ 402,092 $ 68,700
Balance, shares at Jun. 30, 2026   112,185,721