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CONSOLIDATED AND COMBINED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Non-Controlling Interests in Equity of Consolidated Subsidiaries
Beginning balance at Dec. 31, 2022 $ 524,794 $ 994 $ 911,599 $ (60,837) $ (300,133) $ (26,829)
Increase (Decrease) in Partners' Capital [Roll Forward]            
Net loss (159,750)     (121,336)   (38,414)
Other comprehensive loss 121,618       121,618  
Comprehensive loss (38,132) $ 0 0 (121,336) 121,618 (38,414)
Acquisition of consolidated subsidiary     953      
Acquisition of consolidated subsidiary (4,448)         (3,495)
Distributions to non-controlling interests (1,647)         (1,647)
Issuance of common shares (in shares)   12        
Issuance of common shares 28   16      
Dividends and accretion of redeemable preferred stock (62,400)   (62,400)      
Dividends declared on common stock (12,372)   (12,372)      
Settlement of equity instruments (2,163)   (1,629)     (534)
Equity-based compensation 9,199   9,710     (511)
Ending balance at Dec. 31, 2023 412,859 $ 1,006 843,971 (182,173) (178,515) (71,430)
Increase (Decrease) in Partners' Capital [Roll Forward]            
Net loss (266,064)     (223,645)   (42,419)
Other comprehensive loss 21,464       21,464  
Comprehensive loss (244,600) $ 0 0 (223,645) 21,464 (42,419)
Distributions to non-controlling interests (15,039)         (15,039)
Issuance of common shares (in shares)   133        
Issuance of common shares 552   419      
Dividends and accretion of redeemable preferred stock (70,814)   (70,814)      
Dividends declared on common stock (13,124)   (13,124)      
Settlement of equity instruments (3,332)   (2,906)     (426)
Equity-based compensation 8,636   6,835     1,801
Ending balance at Dec. 31, 2024 75,138 $ 1,139 764,381 (405,818) (157,051) (127,513)
Increase (Decrease) in Partners' Capital [Roll Forward]            
Net loss (152,054)     (107,174)   (44,880)
Other comprehensive loss 66,433       66,433  
Comprehensive loss (85,621) $ 0 0 (107,174) 66,433 (44,880)
Distributions to non-controlling interests (1,314)         (1,314)
Issuance of common shares (in shares)   24        
Issuance of common shares 2,716   2,692      
Issuance of warrants 1,012   1,012      
Issuance of Manager options 7,358   7,358      
Dividends and accretion of redeemable preferred stock (100,229)   (100,229)      
Dividends declared on common stock (13,831)   (13,831)      
Settlement of equity instruments (6,050)   (4,106)     (1,944)
Equity-based compensation 11,230   3,140     8,090
Ending balance at Dec. 31, 2025 (146,237) $ 1,163 623,771 $ (512,992) $ (90,618) $ (167,561)
Increase (Decrease) in Partners' Capital [Roll Forward]            
Adjustments to Additional Paid in Capital, Other $ (36,646)   $ (36,646)