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Condensed Consolidated Statements of Stockholders' Equity (UNAUDITED) - USD ($)
Total
Common Stock
Additional Paid-in Capital
Accumulated Retained Earnings
Beginning balance, value at Dec. 31, 2019 $ 570,000,000 $ 1,000,000 $ 179,000,000 $ 390,000,000
Beginning balance, shares at Dec. 31, 2019   85,000,000    
Net (loss) income 7,826,746 [1] $ 0 0 8,000,000
Activity related to share-based compensation (5,000,000) 0 (5,000,000) 0
Repurchase and retirement of common stock (10,000,000) $ 0 (2,000,000) (8,000,000)
Repurchase and retirement of common stock, shares   (1,000,000)    
Ending balance, value at Mar. 31, 2020 563,000,000 $ 1,000,000 172,000,000 390,000,000
Ending balance, shares at Mar. 31, 2020   84,000,000    
Beginning balance, value at Dec. 31, 2020 $ 374,000,000 $ 1,000,000 192,000,000 181,000,000
Beginning balance, shares at Dec. 31, 2020 85,205,012 84,000,000    
Net (loss) income $ (6,771,415) [1] $ 0 0 (7,000,000)
Activity related to share-based compensation 2,000,000 0 2,000,000 0
Ending balance, value at Mar. 31, 2021 $ 369,000,000 $ 1,000,000 $ 194,000,000 $ 174,000,000
Ending balance, shares at Mar. 31, 2021 85,537,477 84,000,000    
[1] Net (loss) income for the three months ended March 31, 2021 and 2020 was $(6,771,415) and $7,826,746, respectively.