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EARNINGS PER SHARE AND EQUITY (Tables)
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The calculation of basic and diluted LPS is presented below:
Year Ended December 31,
(in thousands, except per share data)202220212020
Net loss$(187,517)$(106,341)$(71,723)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries(33,933)(26,472)(16,522)
Less: Dividends and accretion of redeemable preferred stock23,657 — — 
Net loss attributable to stockholders and Former Parent$(177,241)$(79,869)$(55,201)
Weighted Average Common Stock Outstanding - Basic (1)
102,747,121 99,387,467 99,387,467 
Weighted Average Common Stock Outstanding - Diluted (1)
102,747,121 99,387,467 99,387,467 
Loss per share:
Basic$(1.73)$(0.80)$(0.56)
Diluted (2)
$(1.73)$(0.80)$(0.56)
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(1) The year ended December 31, 2022 includes penny warrants which can be converted into a fixed amount of our stock.
(2) Diluted LPS for the year ended December 31, 2022 includes the dilutive effect of subsidiary earnings per share.
Schedule of Stockholders' Equity Note, Warrants or Rights A summary of the status of the Company’s outstanding stock warrants and changes during the year ended December 31, 2022 is as follows:
Number of WarrantsWeighted Average Exercise Price
Outstanding as of December 31, 2021
— $— 
Issued6,685,132 5.01 
Expired— — 
Exercised— — 
Outstanding as of December 31, 2022
6,685,132 $5.01 
Warrants exercisable as of December 31, 2022
6,685,132 $5.01