Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - UNAUDITED

v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - UNAUDITED - USD ($)
$ in Thousands
Total
Common Class A
Common Class B
Common Stock
Common Stock
Common Class A
Common Stock
Common Class B
Preferred Stock
Paid-in Capital
Retained Earnings/(Accumulated Deficit)
Accumulated Other Comprehensive Loss
Noncontrolling interest
Balance at beginning of period (in shares) at Dec. 31, 2020       15,200,000              
Balance at beginning of period (in shares) at Dec. 31, 2020             0        
Balance at beginning of period at Dec. 31, 2020 $ 212,838     $ 152     $ 0 $ 203,463 $ 9,354 $ (131) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (20,021)               (13,572)   (6,449)
Issuance of preferred stock (in shares)             225,490,000        
Issuance of preferred stock 2           $ 2        
Issuance of Noncontrolling interest 179,552             (50,068)     229,620
Common stock issued related to share-based compensation and other, net (in shares)       110,000              
Common stock issued related to share-based compensation and other, net 1,772     $ 1       1,769   1 1
Balance at end of period (in shares) at Mar. 31, 2021             225,490,000        
Balance at end of period (in shares) at Mar. 31, 2021       15,310,000              
Balance at end of period at Mar. 31, 2021 374,143     $ 153     $ 2 155,164 (4,218) (130) 223,172
Balance at beginning of period (in shares) at Dec. 31, 2020       15,200,000              
Balance at beginning of period (in shares) at Dec. 31, 2020             0        
Balance at beginning of period at Dec. 31, 2020 212,838     $ 152     $ 0 203,463 9,354 (131) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 30,638                    
Balance at end of period (in shares) at Sep. 30, 2021             225,490,000        
Balance at end of period (in shares) at Sep. 30, 2021       15,331,000              
Balance at end of period at Sep. 30, 2021 426,590     $ 153     $ 2 156,950 16,214 (130) 253,401
Balance at beginning of period (in shares) at Mar. 31, 2021       15,310,000              
Balance at beginning of period (in shares) at Mar. 31, 2021             225,490,000        
Balance at beginning of period at Mar. 31, 2021 374,143     $ 153     $ 2 155,164 (4,218) (130) 223,172
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 7,596               3,045   4,551
Common stock issued related to share-based compensation and other, net (in shares)       2,000              
Common stock issued related to share-based compensation and other, net 924             922   1 1
Balance at end of period (in shares) at Jun. 30, 2021             225,490,000        
Balance at end of period (in shares) at Jun. 30, 2021       15,312,000              
Balance at end of period at Jun. 30, 2021 382,663     $ 153     $ 2 156,086 (1,173) (129) 227,724
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 43,063               17,387   25,676
Common stock issued related to share-based compensation and other, net (in shares)       19,000              
Common stock issued related to share-based compensation and other, net 864             864   (1) 1
Balance at end of period (in shares) at Sep. 30, 2021             225,490,000        
Balance at end of period (in shares) at Sep. 30, 2021       15,331,000              
Balance at end of period at Sep. 30, 2021 426,590     $ 153     $ 2 156,950 16,214 (130) 253,401
Balance at beginning of period (in shares) at Dec. 31, 2021   21,090,259 22,548,998   21,090,000 22,549,000          
Balance at beginning of period at Dec. 31, 2021 669,508       $ 729 $ 2   273,329 49,583 (111) 345,976
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (20,661)               (9,985)   (10,676)
Common stock issued related to share-based compensation and other, net (in shares)         56,000            
Common stock issued related to share-based compensation and other, net 478             478      
Balance at end of period (in shares) at Mar. 31, 2022         21,146,000 22,549,000          
Balance at end of period at Mar. 31, 2022 649,325       $ 729 $ 2   273,807 39,598 (111) 335,300
Balance at beginning of period (in shares) at Dec. 31, 2021   21,090,259 22,548,998   21,090,000 22,549,000          
Balance at beginning of period at Dec. 31, 2021 669,508       $ 729 $ 2   273,329 49,583 (111) 345,976
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income $ 354,964                    
Balance at end of period (in shares) at Sep. 30, 2022 0                    
Balance at end of period (in shares) at Sep. 30, 2022   19,422,156 22,548,998   19,422,000 22,549,000          
Balance at end of period at Sep. 30, 2022 $ 964,532       $ 194 $ 2   230,777 215,475 (111) 518,195
Balance at beginning of period (in shares) at Mar. 31, 2022         21,146,000 22,549,000          
Balance at beginning of period at Mar. 31, 2022 649,325       $ 729 $ 2   273,807 39,598 (111) 335,300
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 148,040               71,184   76,856
Repurchase of Class A Common Stock (in shares)         (681,000)            
Repurchase of Class A Common Stock (25,059)       $ (7)     (25,052)      
Change in ownership, net 0             6,498     (6,498)
Common stock issued related to share-based compensation and other, net (in shares)         18,000            
Common stock issued related to share-based compensation and other, net 1,845       $ (517)     2,362      
Balance at end of period (in shares) at Jun. 30, 2022         20,483,000 22,549,000          
Balance at end of period at Jun. 30, 2022 774,151       $ 205 $ 2   257,615 110,782 (111) 405,658
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 227,585               106,236   121,349
Repurchase of Class A Common Stock (in shares)         (1,075,000)            
Repurchase of Class A Common Stock (35,022)       $ (11)     (35,011)      
Change in ownership, net 0             7,121     (7,121)
Distributions to Noncontrolling interest (1,691)                   (1,691)
Dividends declared ($0.075 per share of Class A common stock) (1,543) $ (3,200)             (1,543)    
Common stock issued related to share-based compensation and other, net (in shares)         14,000            
Common stock issued related to share-based compensation and other, net $ 1,052             1,052      
Balance at end of period (in shares) at Sep. 30, 2022 0                    
Balance at end of period (in shares) at Sep. 30, 2022   19,422,156 22,548,998   19,422,000 22,549,000          
Balance at end of period at Sep. 30, 2022 $ 964,532       $ 194 $ 2   $ 230,777 $ 215,475 $ (111) $ 518,195