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Changes in Equity (Tables)
9 Months Ended
Sep. 30, 2023
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity
A reconciliation of the changes in equity for the three and nine months ended September 30, 2023 and 2022 is provided below:
Three Months Ended September 30, 2023
(in thousands)Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Noncontrolling
Interests
Total
Equity
Balance - June 30, 2023$51,970 $1,143,532 $217,571 $(45,479)$607 $1,368,201 
Net income (loss)— — (36,896)— 11,070 (25,826)
Other comprehensive loss— — — (500)(473)(973)
Share-based compensation— 1,756 — — — 1,756 
Issuance of common stock, net52 (505)— — — (453)
Contributions from noncontrolling interests— — — — 2,500 2,500 
Distributions to noncontrolling interests— — — — (11,250)(11,250)
Balance - September 30, 2023$52,022 $1,144,783 $180,675 $(45,979)$2,454 $1,333,955 
Nine Months Ended September 30, 2023
(in thousands)Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Noncontrolling
Interests
Total
Equity
Balance - December 31, 2022$51,521 $1,140,933 $304,301 $(47,037)$(7,734)$1,441,984 
Net income (loss)— — (123,626)— 32,107 (91,519)
Other comprehensive income— — — 1,058 81 1,139 
Share-based compensation— 4,786 — — — 4,786 
Issuance of common stock, net501 (936)— — — (435)
Contributions from noncontrolling interests— — — — 4,500 4,500 
Distributions to noncontrolling interests— — — — (26,500)(26,500)
Balance - September 30, 2023$52,022 $1,144,783 $180,675 $(45,979)$2,454 $1,333,955 
Three Months Ended September 30, 2022
(in thousands)Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Noncontrolling
Interests
Total
Equity
Balance - June 30, 2022$51,358 $1,137,966 $429,673 $(48,963)$(2,088)$1,567,946 
Net income (loss)— — (32,455)— 8,385 (24,070)
Other comprehensive loss— — — (3,054)(1,525)(4,579)
Share-based compensation— 1,816 — — — 1,816 
Issuance of common stock, net127 123 — — — 250 
Distributions to noncontrolling interests— — — — (22,000)(22,000)
Balance - September 30, 2022$51,485 $1,139,905 $397,218 $(52,017)$(17,228)$1,519,363 
Nine Months Ended September 30, 2022
(in thousands)Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Noncontrolling
Interests
Total
Equity
Balance - December 31, 2021$51,096 $1,133,150 $514,310 $(43,635)$18,799 $1,673,720 
Net income (loss)— — (117,092)— 12,189 (104,903)
Other comprehensive loss— — — (8,382)(2,677)(11,059)
Share-based compensation— 6,818 — — — 6,818 
Issuance of common stock, net389 (63)— — — 326 
Contributions from noncontrolling interests— — — — 961 961 
Distributions to noncontrolling interests— — — — (46,500)(46,500)
Balance - September 30, 2022$51,485 $1,139,905 $397,218 $(52,017)$(17,228)$1,519,363