10% Series B Redeemable Preferred Stock (Tables)

12 Months Ended

Dec. 31, 2019

Temporary Equity Disclosure [Abstract]

Schedule of Mezzanine Equity for the Series B Preferred Stock

The Company reflected the following activity in mezzanine equity for the Series B Preferred Stock as of December 31, 2019:



	Series B Preferred Shares	Series B Preferred Stock Value			Guaranteed Return			Total
	(In thousands, except share data)
Total Series B Preferred Stock at December 31, 2017	150,626	$	140,158		$	710		$	140,868
Discount - transaction costs	—	(20		)	—			(20		)
Return (16% IRR)	—	—			22,092			22,092
Dividends declared and paid or payable in cash	—	—			(9,174		)	(9,174		)
Dividends declared and paid-in-kind	6,120	6,120			(6,120		)	—
Accretion of discount - deemed dividend	—	1,345			—			1,345
Total Series B Preferred Stock at December 31, 2018	156,746	$	147,603		$	7,508		$	155,111
Discount - transaction costs	—	—			—			—
Return (16% IRR)	—	—			22,061			22,061
Dividends declared and paid or payable in cash	—	—			(15,675		)	(15,675		)
Dividends declared and paid-in-kind	—	—			—			—
Accretion of discount - deemed dividend	—	1,529			—			1,529
Total Series B Preferred Stock at December 31, 2019	156,746	$	149,132		$	13,894		$	163,026

The following table summarizes the changes in the outstanding preferred stock, common stock and Class A common warrants exercisable for shares of Class A Common Stock through the date of the Transaction.



	Series A Preferred Stock	Class A Common Stock		Class B Common Stock	Class F Common Stock		Total Shares of Common Stock		Class A Common Stock Warrants
Issued at formation	—	588,276		—	4,312,500		4,900,776		588,276
Issued at IPO	—	7,597,044		—	—		7,597,044		7,597,044
Issued in connection with private placement	—	—		—	—		—		8,408,838
Forfeitures/Cancellation of founder shares	—	—		—	(2,266,170	)	(2,266,170	)	—
Conversion of founder shares	—	3,475,665		—	(2,046,330	)	1,429,335		—
Redemption of Class A shares	—	(5,804,404	)	—	—		(5,804,404	)	—
Issued to Tema in connection with the Transaction	—	—		29,807,692	—		29,807,692		4,000,000
Preferred stock and warrants issued to PIPE Investors	75,000	—		—	—		—		5,000,000
Preferred stock issued to Sponsor and Rosemore Holdings, Inc.	20,000	—		—	—		—		—
Outstanding at the Transaction date	95,000	5,856,581		29,807,692	—		35,664,273		25,594,158