Series B Convertible Preferred Stock and Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2021

Stockholders' Equity Note [Abstract]

Change in Series B Preferred Stock

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

(in thousands)	September 30, 2021	December 31, 2020
Beginning balance	($8,446)	($7,701)
Net loss attributable to redeemable non-controlling interest	932	394
Adjustment of NCI to redemption value	(491)	(1,139)
Ending balance	($8,005)	($8,446)

The below table outlines the change in Series B Preferred Stock during the nine months ended September 30, 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)	Shares	Amount	Shares	Amount	Shares	Amount
Balance at December 31, 2019	—	$—	—	$—	—	$—
Issuance of preferred stock	150	150,000	150	—	—	—
Exchange to Series B preferred stock	(150)	(150,000)	(150)	—	150	150,000
Issuance-related expenses	—	—	—	—	—	(11,516)
In kind dividend	—	—	—	—	—	5,244
Balance at December 31, 2020	—	—	—	—	150	143,728
Redemption of shares	—	—	—	—	(5)	(5,330)
In kind dividend	—	—	—	—	—	8,610
Balance at September 30, 2021	—	$—	—	$—	145	$147,008