Redeemable Non-Controlling Interest (Tables)

3 Months Ended

Mar. 31, 2021

Noncontrolling Interest [Abstract]

Temporary equity

The following table summarizes the changes to the Company's Redeemable non-controlling interest.

(in thousands)	March 31, 2021		December 31, 2020
Beginning balance	$	(8,446)	$	(7,701)
Net loss attributable to redeemable non-controlling interest	239		394
Adjustment of NCI to redemption value	—		(1,139)
Ending balance	$	(8,207)	$	(8,446)

The below table outlines the change in Series B Preferred Stock during the three months ended March 31, 2021 and the year ended December 31, 2020.

	Series B-1 Convertible Preferred Stock			Series B-2 Convertible Preferred Stock			Series B Convertible Preferred Stock
(in thousands, except share)	Shares	Amount		Shares	Amount		Shares	Amount
Balance at December 31, 2019	—	$	—	—	$	—	—	$	—
Issuance of preferred stock	150,000	150,000		150,000	—		—	—
Exchange to Series B preferred stock	(150,000)	(150,000)		(150,000)	—		150,000	150,000
Issuance-related expenses	—	—		—	—		—	(11,516)
In kind dividend	—	—		—	—		—	5,244
Balance at December 31, 2020	—	—		—	—		150,000	143,728
Redemption of shares	—	—		—	—		(4,954)	(5,330)
In kind dividend	—	—		—	—		—	3,002
Balance at March 31, 2021	—	$	—	—	$	—	145,046	$	141,400