XML 76 R65.htm IDEA: XBRL DOCUMENT v3.22.2.2
Redeemable Perpetual Preferred Stock (Details)
3 Months Ended 9 Months Ended
Jan. 07, 2022
USD ($)
$ / shares
shares
Dec. 31, 2021
USD ($)
shares
Sep. 27, 2021
USD ($)
representative
shares
Aug. 10, 2021
USD ($)
shares
Sep. 30, 2022
USD ($)
shares
Sep. 30, 2022
USD ($)
shares
Sep. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Dec. 31, 2020
USD ($)
Temporary Equity [Line Items]                    
Temporary equity, shares issued (in shares) | shares   350,000     400,000 400,000        
Stock issued (in shares) | shares 1,125,000                  
Net proceeds from sale of series A perpetual preferred stock $ 49,400,000                  
Temporary equity, liquidation preference   $ 350,000,000     $ 400,000,000 $ 400,000,000        
Issuance of common stock, net (in shares) | shares 50,000                  
Temporary equity, carrying amount, attributable to parent   237,462,000     287,561,000 287,561,000 $ 235,278,000 $ 293,974,000 $ 0 $ 0
Common stock, value, issued   135,000     150,000 150,000        
Stockholders' equity   (69,205,000)     61,817,000 61,817,000 1,464,000 $ 63,853,000 $ (72,420,000) $ (80,899,000)
Less: unamortized discount and issuance costs $ 1,300,000                  
Percentage of variable weighted average price of temporary equity 95.00%                  
Temporary equity, permitted accrued dividends         0 0        
Dividends paid         $ 18,670,000 18,670,000        
Distributed earnings   $ 8,200,000                
Temporary equity, amortization of discount, period 5 years                  
Payments of dividends           $ 18,670,000 $ 0      
Anniversary Date One                    
Temporary Equity [Line Items]                    
Purchase commitment, percentage 0.00%                  
Anniversary Date Two                    
Temporary Equity [Line Items]                    
Purchase commitment, percentage 1.50%                  
Anniversary Date Three                    
Temporary Equity [Line Items]                    
Purchase commitment, percentage 3.00%                  
Securities Purchase Agreement                    
Temporary Equity [Line Items]                    
Net proceeds from sale of series A perpetual preferred stock       $ 346,000,000            
Repayment of long term line of credit     $ 100,000,000              
Proceeds from Series A issuance $ 334,600,000                  
Temporary equity, carrying amount, attributable to parent 229,800,000                  
Common stock, value, issued 105,400,000                  
Stockholders' equity 12,400,000                  
Derivative instrument, prepaid forward contract 11,700,000                  
Securities Purchase Agreement, Voting and Consent Rights                    
Temporary Equity [Line Items]                    
Number of members eligible to be designated to board of directors | representative     1              
Number of non-voting representatives designated to board of directors | representative     3              
Securities Purchase Agreement, Additional Closings                    
Temporary Equity [Line Items]                    
Net proceeds from sale of series A perpetual preferred stock       $ 148,000,000            
Series A Redeemable Perpetual Preferred Stock                    
Temporary Equity [Line Items]                    
Temporary equity, shares issued (in shares) | shares         13 13        
Debt issuance costs $ 33,100,000                  
Initial liquidation preference (in dollars per share) | $ / shares $ 1,000                  
Temporary equity, amortization of discount $ 120,200,000                  
Temporary equity, accretion of interest           $ 17,200,000        
Payments of dividends         $ 6,300,000          
Dividend rate, percentage         5.75%          
Series A Redeemable Perpetual Preferred Stock | Accrued Regular Dividend Rate                    
Temporary Equity [Line Items]                    
Dividend rate, percentage 6.25%                  
Series A Redeemable Perpetual Preferred Stock | Cash Regular Dividend Rate                    
Temporary Equity [Line Items]                    
Dividend rate, percentage 5.75%                  
Temporary equity dividend rate spread 2.00%                  
Percent of the amount of default accrued dividends to be paid 100.00%                  
Series A Redeemable Perpetual Preferred Stock | Cash Regular Dividend Rate | Fifth, Sixth, and Seventh Anniversaries                    
Temporary Equity [Line Items]                    
Temporary equity dividend rate spread 0.50%                  
Series A Redeemable Perpetual Preferred Stock | Cash Regular Dividend Rate | Eighth, Ninth, and Tenth Anniversaries                    
Temporary Equity [Line Items]                    
Temporary equity dividend rate spread 1.00%                  
Series A Redeemable Perpetual Preferred Stock | Securities Purchase Agreement                    
Temporary Equity [Line Items]                    
Temporary equity, shares issued (in shares) | shares       350,000            
Repayment of long term line of credit     $ 102,000,000              
Temporary equity, liquidation preference     $ 100,000,000              
Series A Redeemable Perpetual Preferred Stock | Securities Purchase Agreement, Additional Closings                    
Temporary Equity [Line Items]                    
Stock issued (in shares) | shares       150,000            
Common Stock                    
Temporary Equity [Line Items]                    
Debt issuance costs $ 15,900,000                  
Common Stock | Securities Purchase Agreement                    
Temporary Equity [Line Items]                    
Stock issued (in shares) | shares       7,098,765            
Common Stock | Securities Purchase Agreement, Expiry or Termination | BCP Helios Aggregator L.P.                    
Temporary Equity [Line Items]                    
Stock issued (in shares) | shares     776,235              
Net proceeds from sale of series A perpetual preferred stock     $ 776              
Common Stock | Securities Purchase Agreement, Additional Closings                    
Temporary Equity [Line Items]                    
Stock issued (in shares) | shares       3,375,000            
Common Stock | Securities Purchase Agreement, Additional Closings, Certain Pricing Adjustments                    
Temporary Equity [Line Items]                    
Stock issued (in shares) | shares       6,100,000