Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Equity - (Unaudited)

v3.23.2
Consolidated Statements of Equity - (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional paid-in capital
Retained earnings
Noncontrolling interests
Beginning balance (in shares) at Dec. 31, 2021   46,281,091      
Beginning balance at Dec. 31, 2021 $ 621,397 $ 5 $ 535,345 $ 84,797 $ 1,250
Increase (Decrease) in Shareholders' Equity          
Shares issued under share based awards (in shares)   204,065      
Cash paid for shares withheld for taxes (848)   (848)    
Stock-based compensation expense 1,872   1,872    
Repurchase of common stock and associated tax (in shares)   (5,559,577)      
Repurchase of common stock and associated tax (40,200) $ (1) (40,199)    
Contributions from noncontrolling interests 55,000       55,000
Net income (loss) 27,915     28,000 (85)
Ending balance (in shares) at Jun. 30, 2022   40,925,579      
Ending balance at Jun. 30, 2022 665,136 $ 4 496,170 112,797 56,165
Beginning balance (in shares) at Mar. 31, 2022   46,047,328      
Beginning balance at Mar. 31, 2022 630,480 $ 5 531,367 97,862 1,246
Increase (Decrease) in Shareholders' Equity          
Cash paid for shares withheld for taxes (176)   (176)    
Stock-based compensation expense 1,354   1,354    
Repurchase of common stock and associated tax (in shares)   (5,121,749)      
Repurchase of common stock and associated tax (36,376) $ (1) (36,375)    
Contributions from noncontrolling interests 55,000       55,000
Net income (loss) 14,854     14,935 (81)
Ending balance (in shares) at Jun. 30, 2022   40,925,579      
Ending balance at Jun. 30, 2022 $ 665,136 $ 4 496,170 112,797 56,165
Beginning balance (in shares) at Dec. 31, 2022 40,884,268 40,884,268      
Beginning balance at Dec. 31, 2022 $ 710,319 $ 4 497,598 158,348 54,369
Increase (Decrease) in Shareholders' Equity          
Shares issued under share based awards (in shares)   267,782      
Cash paid for shares withheld for taxes (695)   (695)    
Stock-based compensation expense 1,370   1,370    
Repurchase of common stock and associated tax (in shares)   (968,869)      
Repurchase of common stock and associated tax (7,532) $ 0 (7,532)    
Forfeiture and cancellation of Earnout Shares (in shares)   (1,000,000)      
Distributions to noncontrolling interests (1,845)       (1,845)
Net income (loss) $ 9,989     8,165 1,824
Ending balance (in shares) at Jun. 30, 2023 39,183,181 39,183,181      
Ending balance at Jun. 30, 2023 $ 711,606 $ 4 490,741 166,513 54,348
Beginning balance (in shares) at Mar. 31, 2023   40,019,283      
Beginning balance at Mar. 31, 2023 712,618 $ 4 496,687 161,566 54,361
Increase (Decrease) in Shareholders' Equity          
Shares issued under share based awards (in shares)   132,767      
Cash paid for shares withheld for taxes (145)   (145)    
Stock-based compensation expense 1,731   1,731    
Repurchase of common stock and associated tax (in shares)   (968,869)      
Repurchase of common stock and associated tax (7,532) $ 0 (7,532)    
Distributions to noncontrolling interests (932)       (932)
Net income (loss) $ 5,866     4,947 919
Ending balance (in shares) at Jun. 30, 2023 39,183,181 39,183,181      
Ending balance at Jun. 30, 2023 $ 711,606 $ 4 $ 490,741 $ 166,513 $ 54,348