Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2021

Equity [Abstract]

Schedule of Stockholders Equity

The following tables summarize the components of equity and the changes therein as of and for the quarterly periods in 2021 and 2020.

	Preferred Stock		Common Stock		Paid-in Capital		Retained Earnings/(Accumulated Deficit)		Accumulated Other Comprehensive Loss		Noncontrolling interest		Total Equity
Balance as of December 31, 2020	$	—	$	152	$	203,463	$	9,354	$	(131)	$	—	$	212,838
Net loss	—		—		—		(13,572)		—		(6,449)		(20,021)
Issuance of preferred stock	2		—		—		—		—		—		2
Issuance of Noncontrolling interest	—		—		(50,068)		—		—		229,620		179,552
All other changes 1	—		1		1,769		—		1		1		1,772
Balance as of March 31, 2021	$	2	$	153	$	155,164	$	(4,218)	$	(130)	$	223,172	$	374,143

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1     Includes equity-classified share-based compensation of $2.2 million during the three months ended March 31, 2021. During the three months ended March 31, 2021, 102,586 and 6,800 shares of common stock were issued in connection with the vesting of certain time-vested restricted stock units (“RSUs”) and performance restricted stock units (“PRSUs”), net of shares withheld for income taxes.

	Common Stock		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Total Equity
Balance as of December 31, 2019	$	151	$	200,666	$	319,987	$	(59)	$	520,745
Net income	—		—		163,094		—		163,094
Cumulative effect of change in accounting principle 1	—		—		(76)		—		(76)
All other changes 2	1		556		—		(1)		556
Balance as of March 31, 2020	$	152	$	201,222	$	483,005	$	(60)	$	684,319

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1     Attributable to the adoption of Accounting Standards Update 2016–13, Measurement of Credit Losses on Financial Instruments, as of January 1, 2020.

2 Includes equity-classified share-based compensation of $0.9 million during the three months ended March 31, 2020. During the three months ended March 31, 2020, 22,321 shares of common stock were issued in connection with the vesting of certain RSUs, net of shares withheld for income taxes.

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[1] The following tables summarize the components of equity and the changes therein as of and for the quarterly periods in 2021 and 2020. Preferred StockCommon StockPaid-in CapitalRetained Earnings/(Accumulated Deficit)Accumulated Other Comprehensive LossNoncontrolling interestTotal EquityBalance as of December 31, 2020$— $152 $203,463 $9,354 $(131)$— $212,838 Net loss— — — (13,572)— (6,449)(20,021)Issuance of preferred stock2 — — — — — 2  Issuance of Noncontrolling interest — — (50,068)— — 229,620 179,552  All other changes 1 — 1 1,769 — 1 1 1,772 Balance as of March 31, 2021$2 $153 $155,164 $(4,218)$(130)$223,172 $374,143  _______________________ 1     Includes equity-classified share-based compensation of $2.2 million during the three months ended March 31, 2021. During the three months ended March 31, 2021, 102,586 and 6,800 shares of common stock were issued in connection with the vesting of certain time-vested restricted stock units (“RSUs”) and performance restricted stock units (“PRSUs”), net of shares withheld for income taxes. Common StockPaid-in CapitalRetained EarningsAccumulated Other Comprehensive LossTotal EquityBalance as of December 31, 2019$151 $200,666 $319,987 $(59)$520,745 Net income— — 163,094 — 163,094  Cumulative effect of change in accounting principle 1 — — (76)— (76) All other changes 2 1 556 — (1)556 Balance as of March 31, 2020$152 $201,222 $483,005 $(60)$684,319  _______________________ 1     Attributable to the adoption of Accounting Standards Update 2016–13, Measurement of Credit Losses on Financial Instruments, as of January 1, 2020. 2 Includes equity-classified share-based compensation of $0.9 million during the three months ended March 31, 2020. During the three months ended March 31, 2020, 22,321 shares of common stock were issued in connection with the vesting of certain RSUs, net of shares withheld for income taxes.