v3.24.2.u1
Condensed Consolidated Statements of Changes in Stockholders' Equity (unaudited) - USD ($)
$ in Thousands
Total
Class A Common Stock
Total Stockholders' Equity
Total Stockholders' Equity
Class A Common Stock
Common Stock
Common Stock
Class A Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Class A Common Stock
Accumulated Other Comprehensive (Loss)Income
Accumulated Deficit
Non Controlling Interests
Beginning balance (in shares) at Dec. 31, 2022         158,904,401            
Beginning balance at Dec. 31, 2022 $ 444,926   $ 424,101   $ 16   $ 470,004   $ 0 $ (45,919) $ 20,825
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Stock-based compensation expense (benefit) (in shares)         83,541            
Stock-based compensation expense (benefit) 7,069   7,069       7,069        
Cash distributions to noncontrolling interests (1,015)                   (1,015)
Cash contributions from noncontrolling interests 6,274                   6,274
Conversion of convertible securities (in shares)           2,011          
Conversion of convertible securities   $ 11   $ 11       $ 11      
Noncontrolling interests assumed through acquisitions 13,500                   13,500
Redemption of redeemable noncontrolling interests 1,374   1,374       1,374        
Other comprehensive income (loss) 3,008   3,008           3,008    
Net income (loss) 7,304   12,442             12,442 (5,138)
Ending balance (in shares) at Jun. 30, 2023         158,989,953            
Ending balance at Jun. 30, 2023 482,451   448,005   $ 16   478,458   3,008 (33,477) 34,446
Beginning balance (in shares) at Mar. 31, 2023         158,989,953            
Beginning balance at Mar. 31, 2023 465,853   433,154   $ 16   474,202   (762) (40,302) 32,699
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Stock-based compensation expense (benefit) 4,256   4,256       4,256        
Cash distributions to noncontrolling interests (489)                   (489)
Cash contributions from noncontrolling interests 4,537                   4,537
Noncontrolling interests assumed through acquisitions 204                   204
Other comprehensive income (loss) 3,770   3,770           3,770    
Net income (loss) 4,320   6,825             6,825 (2,505)
Ending balance (in shares) at Jun. 30, 2023         158,989,953            
Ending balance at Jun. 30, 2023 $ 482,451   448,005   $ 16   478,458   3,008 (33,477) 34,446
Beginning balance (in shares) at Dec. 31, 2023 158,999,886 158,999,886     158,999,886            
Beginning balance at Dec. 31, 2023 $ 498,967   447,078   $ 16   485,063   17,273 (55,274) 51,889
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Stock-based compensation expense (benefit) (in shares) [1]         988,013            
Stock-based compensation expense (benefit) [1] (892)   (892)       (892)        
Cash distributions to noncontrolling interests (1,473)                   (1,473)
Accrued distributions to noncontrolling interests (77)                   (77)
Cash contributions from noncontrolling interests 4,103                   4,103
Conversion of convertible securities (in shares)           1,991          
Conversion of convertible securities   $ 10   $ 10       $ 10      
Noncontrolling interests assumed through acquisitions 2,100                   2,100
Other comprehensive income (loss) (828)   (828)           (828)    
Net income (loss) $ 38,446   45,154             45,154 (6,708)
Ending balance (in shares) at Jun. 30, 2024 159,989,890 158,989,890     159,989,890            
Ending balance at Jun. 30, 2024 $ 540,356   490,522   $ 16   484,181   16,445 (10,120) 49,834
Beginning balance (in shares) at Mar. 31, 2024         159,874,981            
Beginning balance at Mar. 31, 2024 508,052   457,537   $ 16   488,408   16,878 (47,765) 50,515
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Stock-based compensation expense (benefit) (in shares) [2]         114,909            
Stock-based compensation expense (benefit) [2] (4,227)   (4,227)       (4,227)        
Cash distributions to noncontrolling interests (574)                   (574)
Accrued distributions to noncontrolling interests (77)                   (77)
Cash contributions from noncontrolling interests 4,103                   4,103
Other comprehensive income (loss) (433)   (433)           (433)    
Net income (loss) $ 33,512   37,645             37,645 (4,133)
Ending balance (in shares) at Jun. 30, 2024 159,989,890 158,989,890     159,989,890            
Ending balance at Jun. 30, 2024 $ 540,356   $ 490,522   $ 16   $ 484,181   $ 16,445 $ (10,120) $ 49,834
[1] Stock-based compensation benefit is recognized in connection with the CEO transition. Refer to Note 14, "Stock-Based Compensation" for further details.
[2] Stock-based compensation benefit is recognized in connection with the CEO transition. Refer to Note 14, "Stock-Based Compensation" for further details.