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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) - USD ($)
$ in Millions
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
Balance at Dec. 31, 2020 $ 156.9     $ 216.2 $ (53.4) $ (5.9)
Balance, shares at Dec. 31, 2020   1,200,000 30,018,502      
Net income (loss) (5.7)       (5.7)  
Share based compensation 0.3     0.3    
Balance at Mar. 31, 2021 151.5     216.5 (59.1) (5.9)
Balance, shares at Mar. 31, 2021   1,200,000 30,018,502      
Balance at Dec. 31, 2020 156.9     216.2 (53.4) (5.9)
Balance, shares at Dec. 31, 2020   1,200,000 30,018,502      
Net income (loss) (20.4)          
Balance at Jun. 30, 2021 135.9     216.7 (74.9) (5.9)
Balance, shares at Jun. 30, 2021   1,200,000 32,363,376      
Balance at Mar. 31, 2021 151.5     216.5 (59.1) (5.9)
Balance, shares at Mar. 31, 2021   1,200,000 30,018,502      
Net income (loss) (14.7)       (14.7)  
Dividends on preferred stock (1.1)       (1.1)  
Share based compensation 0.2     0.2    
Warrants exchanged into common stock, shares     2,279,874      
Issuance of restricted stock units to employees, shares     65,000      
Balance at Jun. 30, 2021 135.9     216.7 (74.9) (5.9)
Balance, shares at Jun. 30, 2021   1,200,000 32,363,376      
Balance at Dec. 31, 2021 134.7     217.4 (76.8) (5.9)
Balance, shares at Dec. 31, 2021   1,200,000 32,363,376      
Net income (loss) (1.2)       (1.2)  
Dividends on preferred stock (0.8)       (0.8)  
Share based compensation 0.3     0.3    
Balance at Mar. 31, 2022 133.0     217.7 (78.8) (5.9)
Balance, shares at Mar. 31, 2022   1,200,000 32,363,376      
Balance at Dec. 31, 2021 134.7     217.4 (76.8) (5.9)
Balance, shares at Dec. 31, 2021   1,200,000 32,363,376      
Net income (loss) 4.9          
Balance at Jun. 30, 2022 139.2     218.5 (73.4) (5.9)
Balance, shares at Jun. 30, 2022   1,200,000 31,981,843      
Balance at Mar. 31, 2022 133.0     217.7 (78.8) (5.9)
Balance, shares at Mar. 31, 2022   1,200,000 32,363,376      
Net income (loss) 6.1       6.1  
Dividends on preferred stock (0.7)       (0.7)  
Share based compensation 0.8     0.8    
Share based compensation, shares     90,649      
Repurchase of common stock, shares [1]     (472,182)      
Balance at Jun. 30, 2022 $ 139.2     $ 218.5 $ (73.4) $ (5.9)
Balance, shares at Jun. 30, 2022   1,200,000 31,981,843      
[1] Correction of previously disclosed shares repurchased in 2020, not previously reported as a reduction of common stock shares outstanding. Amount is immaterial to the condensed consolidated financial statements.