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Condensed Consolidated Statements of Changes in Redeemable Perpetual Preferred Stock and Stockholders’ Equity (unaudited) - USD ($)
$ in Thousands
Total
Series A Preferred Stock
Common Stock
Common Stock
Series A Preferred Stock
Additional Paid-In Capital
Additional Paid-In Capital
Series A Preferred Stock
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Temporary equity, beginning balance (in shares) at Dec. 31, 2021 350,000              
Temporary equity, beginning balance at Dec. 31, 2021 $ 237,462              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Issuance of Series A Redeemable Perpetual Preferred Stock, net of fees (in shares)   50,000            
Issuance of Series A Redeemable Perpetual Preferred Stock, net of fees   $ 32,724            
Preferred cumulative dividends plus accretion (in shares) 13,000              
Preferred cumulative dividends plus accretion $ 36,045              
Dividends paid (in shares) (13,000)              
Dividends paid $ (18,670)              
Temporary equity, ending balance (in shares) at Sep. 30, 2022 400,000              
Temporary equity, ending balance at Sep. 30, 2022 $ 287,561              
Stockholders' equity, beginning balance (in shares) at Dec. 31, 2021     135,027,000          
Stockholders' equity, beginning balance at Dec. 31, 2021 (69,205)   $ 135   $ 202,562   $ (271,902) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation (in shares)     161,000          
Equity-based compensation 11,454       11,454      
Issuance of Series A Redeemable Perpetual Preferred Stock, net of fees (in shares)       15,146,000        
Issuance of Series A Redeemable Perpetual Preferred Stock, net of fees   214,906   $ 15   $ 214,891    
Preferred cumulative dividends plus accretion (36,045)       (36,045)      
Net income 9,683           9,683  
Other comprehensive income (loss) (19,340)             (19,340)
Stockholders' equity, ending balance (in shares) at Sep. 30, 2022     150,334,000          
Stockholders' equity, ending balance at Sep. 30, 2022 $ 111,453   $ 150   392,862   (262,219) (19,340)
Temporary equity, beginning balance (in shares) at Jun. 30, 2022 413,000              
Temporary equity, beginning balance at Jun. 30, 2022 $ 293,974              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Preferred cumulative dividends plus accretion $ 12,257              
Dividends paid (in shares) (13,000)              
Dividends paid $ (18,670)              
Temporary equity, ending balance (in shares) at Sep. 30, 2022 400,000              
Temporary equity, ending balance at Sep. 30, 2022 $ 287,561              
Stockholders' equity, beginning balance (in shares) at Jun. 30, 2022     150,279,000          
Stockholders' equity, beginning balance at Jun. 30, 2022 110,368   $ 150   401,614   (302,863) 11,467
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation (in shares)     55,000          
Equity-based compensation 4,097       4,097      
Issuance of Series A Redeemable Perpetual Preferred Stock, net of fees   $ (592)       $ (592)    
Preferred cumulative dividends plus accretion (12,257)       (12,257)      
Net income 40,644           40,644  
Other comprehensive income (loss) (30,807)             (30,807)
Stockholders' equity, ending balance (in shares) at Sep. 30, 2022     150,334,000          
Stockholders' equity, ending balance at Sep. 30, 2022 $ 111,453   $ 150   392,862   (262,219) (19,340)
Temporary equity, beginning balance (in shares) at Dec. 31, 2022 406,000              
Temporary equity, beginning balance at Dec. 31, 2022 $ 299,570              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Preferred cumulative dividends plus accretion (in shares) 20,000              
Preferred cumulative dividends plus accretion $ 38,359              
Temporary equity, ending balance (in shares) at Sep. 30, 2023 426,000              
Temporary equity, ending balance at Sep. 30, 2023 $ 337,929              
Stockholders' equity, beginning balance (in shares) at Dec. 31, 2022 150,513,104   150,513,000          
Stockholders' equity, beginning balance at Dec. 31, 2022 $ 124,281   $ 150   383,176   (267,470) 8,425
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation (in shares)     558,000          
Equity-based compensation 11,695   $ 1   11,694      
Correction of the Capped Call and Put Option errors 52,914       52,914      
Preferred cumulative dividends plus accretion (39,868)       (39,868)      
Net income 114,154           114,154  
Other comprehensive income (loss) $ 15,289             15,289
Stockholders' equity, ending balance (in shares) at Sep. 30, 2023 151,071,429   151,071,000          
Stockholders' equity, ending balance at Sep. 30, 2023 $ 278,465   $ 151   407,916   (153,316) 23,714
Temporary equity, beginning balance (in shares) at Jun. 30, 2023 419,000              
Temporary equity, beginning balance at Jun. 30, 2023 $ 324,838              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Preferred cumulative dividends plus accretion (in shares) 7,000              
Preferred cumulative dividends plus accretion $ 13,091              
Temporary equity, ending balance (in shares) at Sep. 30, 2023 426,000              
Temporary equity, ending balance at Sep. 30, 2023 $ 337,929              
Stockholders' equity, beginning balance (in shares) at Jun. 30, 2023     151,049,000          
Stockholders' equity, beginning balance at Jun. 30, 2023 287,454   $ 151   417,624   (176,530) 46,209
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation (in shares)     22,000          
Equity-based compensation 3,383       3,383      
Preferred cumulative dividends plus accretion (13,091)       (13,091)      
Net income 23,214           23,214  
Other comprehensive income (loss) $ (22,495)             (22,495)
Stockholders' equity, ending balance (in shares) at Sep. 30, 2023 151,071,429   151,071,000          
Stockholders' equity, ending balance at Sep. 30, 2023 $ 278,465   $ 151   $ 407,916   $ (153,316) $ 23,714