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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common stock
Treasury stock
Additional paid-in capital
Retained earnings/(deficit)
Accumulated other comprehensive loss
Total stockholders' equity
Non-controlling interest
Preferred stock - series A shares
Preferred stock - series A shares
Preferred Stock
Preferred stock - series B shares
Preferred stock - series B shares
Preferred Stock
Beginning balance (in shares) at Dec. 31, 2022                   424,949   1,135,590
Beginning balance at Dec. 31, 2022 $ 337,465 $ 241 $ (9,532) $ 322,439 $ 13,275 $ (25,649) $ 335,328 $ 2,137   $ 9,411   $ 25,143
Beginning balance (in shares) at Dec. 31, 2022   23,130,956                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) (7,364)       (7,394)   (7,394) 30        
Sale of shares (in shares)   345,578                    
Sale of shares 2,427 $ 4   2,423     2,427          
Stock-based management termination fee expense (in shares)   32,912                    
Stock-based compensation expense 600     600     600          
Dividends declared and distributions (6,459)       (6,425)   (6,425) (34)        
Amortization of unrealized loss on debt securities available-for-sale transferred to held-to-maturity 2,033         2,033 2,033          
Other comprehensive income (loss) 3,853         3,853 3,853          
Ending balance (in shares) at Mar. 31, 2023                   424,949   1,135,590
Ending balance at Mar. 31, 2023 332,555 $ 245 (9,532) 325,462 (544) (19,763) 330,422 2,133   $ 9,411   $ 25,143
Ending balance (in shares) at Mar. 31, 2023   23,509,446                    
Beginning balance (in shares) at Dec. 31, 2023                 424,949 424,949 1,135,590 1,135,590
Beginning balance at Dec. 31, 2023 $ 310,895 $ 285 (9,557) 352,060 (54,382) (14,027) 308,933 1,962   $ 9,411   $ 25,143
Beginning balance (in shares) at Dec. 31, 2023 27,460,161 27,460,161                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) $ (73,992)       (73,978)   (73,978) (14)        
Exchange of preferred shares and warrants (in shares)   9,464,524               (424,949)   (1,135,590)
Exchange of preferred shares and warrants 6,095 $ 95   40,895 (341)   6,095     $ (9,411)   $ (25,143)
Stock-based management termination fee expense 15,506     15,506     15,506          
Stock-based management termination fee expense (in shares)   67,334                    
Stock-based compensation expense 271 $ 0   271     271          
Dividends declared and distributions (3,708)       (3,699)   (3,699) (9)        
Amortization of unrealized loss on debt securities available-for-sale transferred to held-to-maturity 795         795 795          
Other comprehensive income (loss) 374         374 374          
Ending balance (in shares) at Mar. 31, 2024                 0 0 0 0
Ending balance at Mar. 31, 2024 $ 256,236 $ 380 $ (9,557) $ 408,732 $ (132,400) $ (12,858) $ 254,297 $ 1,939   $ 0   $ 0
Ending balance (in shares) at Mar. 31, 2024 36,992,019 36,992,019