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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Class A
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests in Investment Entities
Beginning balance (in shares) at Dec. 31, 2022     128,872        
Beginning balance at Dec. 31, 2022 $ 1,389,024 $ 1,387,768 $ 1,289 $ 2,853,723 $ (1,466,568) $ (676) $ 1,256
Increase (Decrease) in Stockholders' Equity              
Distributions (28)           (28)
Issuance and amortization of equity-based compensation (in shares)     1,527        
Issuance and amortization of equity-based compensation 2,295 2,295 $ 15 2,280      
Other comprehensive income (loss) (3,463) (3,463)       (3,463)  
Dividends and distributions declared (26,170) (26,170)     (26,170)    
Shares canceled for tax withholding on vested stock awards (in shares)     (453)        
Shares canceled for tax withholding on vested stock awards (2,885) (2,885) $ (5) (2,880)      
Net loss (4,202) (4,127)     (4,127)   (75)
Ending balance (in shares) at Mar. 31, 2023     129,946        
Ending balance at Mar. 31, 2023 1,354,571 1,353,418 $ 1,299 2,853,123 (1,496,865) (4,139) 1,153
Beginning balance (in shares) at Dec. 31, 2022     128,872        
Beginning balance at Dec. 31, 2022 1,389,024 1,387,768 $ 1,289 2,853,723 (1,466,568) (676) 1,256
Increase (Decrease) in Stockholders' Equity              
Other comprehensive income (loss) (5,069)            
Net loss (11,700)            
Ending balance (in shares) at Jun. 30, 2023     130,039        
Ending balance at Jun. 30, 2023 1,322,542 1,321,429 $ 1,300 2,856,225 (1,530,351) (5,745) 1,113
Beginning balance (in shares) at Mar. 31, 2023     129,946        
Beginning balance at Mar. 31, 2023 1,354,571 1,353,418 $ 1,299 2,853,123 (1,496,865) (4,139) 1,153
Increase (Decrease) in Stockholders' Equity              
Distributions (28)           (28)
Issuance and amortization of equity-based compensation (in shares)     93        
Issuance and amortization of equity-based compensation 3,103 3,103 $ 1 3,102      
Other comprehensive income (loss) (1,606) (1,606)       (1,606)  
Dividends and distributions declared (26,000) (26,000)     (26,000)    
Net loss (7,498) (7,486)     (7,486)   (12)
Ending balance (in shares) at Jun. 30, 2023     130,039        
Ending balance at Jun. 30, 2023 1,322,542 1,321,429 $ 1,300 2,856,225 (1,530,351) (5,745) 1,113
Beginning balance (in shares) at Dec. 31, 2023     129,985        
Beginning balance at Dec. 31, 2023 1,278,466 1,277,335 $ 1,300 2,864,883 (1,586,292) (2,556) 1,131
Increase (Decrease) in Stockholders' Equity              
Issuance and amortization of equity-based compensation (in shares)     1,243        
Issuance and amortization of equity-based compensation 2,170 2,170 $ 12 2,158      
Other comprehensive income (loss) (3,594) (3,594)       (3,594)  
Dividends and distributions declared (26,036) (26,036)     (26,036)    
Shares canceled for tax withholding on vested stock awards (in shares)     (592)        
Shares canceled for tax withholding on vested stock awards (3,975) (3,975) $ (6) (3,969)      
Net loss (57,107) (57,103)     (57,103)   (4)
Ending balance (in shares) at Mar. 31, 2024     130,636        
Ending balance at Mar. 31, 2024 1,189,924 1,188,797 $ 1,306 2,863,072 (1,669,431) (6,150) 1,127
Beginning balance (in shares) at Dec. 31, 2023     129,985        
Beginning balance at Dec. 31, 2023 1,278,466 1,277,335 $ 1,300 2,864,883 (1,586,292) (2,556) 1,131
Increase (Decrease) in Stockholders' Equity              
Other comprehensive income (loss) (2,497)            
Net loss (125,792)            
Ending balance (in shares) at Jun. 30, 2024     130,629        
Ending balance at Jun. 30, 2024 1,099,063 1,098,759 $ 1,306 2,866,030 (1,763,524) (5,053) 304
Beginning balance (in shares) at Mar. 31, 2024     130,636        
Beginning balance at Mar. 31, 2024 1,189,924 1,188,797 $ 1,306 2,863,072 (1,669,431) (6,150) 1,127
Increase (Decrease) in Stockholders' Equity              
Issuance and amortization of equity-based compensation (in shares)     80        
Issuance and amortization of equity-based compensation $ 3,150 3,150 $ 1 3,149      
Share forfeitures (in shares) (52)            
Other comprehensive income (loss) $ 1,097 1,097       1,097  
Dividends and distributions declared (26,233) (26,233)     (26,233)    
Shares canceled for tax withholding on vested stock awards (in shares)     (35)        
Shares canceled for tax withholding on vested stock awards (192) (192) $ (1) (191)      
Net loss (68,683) (67,860)     (67,860)   (823)
Ending balance (in shares) at Jun. 30, 2024     130,629        
Ending balance at Jun. 30, 2024 $ 1,099,063 $ 1,098,759 $ 1,306 $ 2,866,030 $ (1,763,524) $ (5,053) $ 304