REDEEMABLE PREFERRED STOCK (Tables)

9 Months Ended

Sep. 30, 2023

Equity [Abstract]

Schedule of Issuances, Reclassifications and Redemptions for each class of Preferred Stock in Permanent Equity

The table below provides information regarding the issuances, reclassifications and redemptions of each class of the Company’s preferred stock in permanent equity during the three and nine months ended September 30, 2023 and 2022 (dollar amounts in thousands):

	Preferred Stock
	Series A1			Series A			Series D			Series L			Total
	Shares	Amount		Shares	Amount		Shares	Amount		Shares	Amount		Shares	Amount
Balances, December 31, 2021	—	$	—	6,271,337	$	156,431	56,857	$	1,396	5,387,160	$	152,834	11,715,354	$	310,661
Reclassification of Series A Preferred stock to permanent equity	—	—		329,921	8,304		—	—		—	—		329,921	8,304
Redemption of Series A Preferred Stock	—	—		(49,341)	(1,228)		—	—		—	—		(49,341)	(1,228)
Balances, March 31, 2022	—	$	—	6,551,917	$	163,507	56,857	$	1,396	5,387,160	$	152,834	11,995,934	$	317,737
Issuance of Series A1 Preferred Stock	192,440	4,770		—	—		—	—		—	—		192,440	4,770
Reclassification of Series A Preferred stock to permanent equity	—	—		430,082	10,857		—	—		—	—		430,082	10,857
Redemption of Series A Preferred Stock	—	—		(88,225)	(2,188)		—	—		—	—		(88,225)	(2,188)
Balances, June 30, 2022	192,440	4,770		6,893,774	172,176		56,857	1,396		5,387,160	152,834		12,530,231	331,176
Issuance of Series A1 Preferred Stock	2,667,001	64,720		—	—		—	—		—	—		2,667,001	64,720
Repurchase of Series L Preferred Stock	—	—		—	—		—	—		(2,435,284)	(69,089)		(2,435,284)	(69,089)
Reclassification of Series A Preferred stock to permanent equity	—	—		299,303	7,574		—	—		—	—		299,303	7,574
Redemption of Series A Preferred Stock	—	—		(58,742)	(1,463)		—	—		—	—		(58,742)	(1,463)
Balances, September 30, 2022	2,859,441	$	69,490	7,134,335	$	178,287	56,857	$	1,396	2,951,876	$	83,745	13,002,509	$	332,918
Balances, December 31, 2022	5,956,147	$	147,514	7,565,349	$	189,048	48,857	$	1,200	—	$	—	13,570,353	$	337,762
Issuance of Series A1 Preferred Stock	1,032,433	25,569		—	—		—	—		—	—		1,032,433	25,569
Redemption of Series A1 Preferred Stock	(12,870)	(319)		—	—		—	—		—	—		(12,870)	(319)
Reclassification of Series A Preferred stock to permanent equity	—	—		389,325	9,699		—	—		—	—		389,325	9,699
Redemption of Series A Preferred Stock	—	—		(189,753)	(4,723)		—	—		—	—		(189,753)	(4,723)
Balances, March 31, 2023	6,975,710	$	172,764	7,764,921	$	194,024	48,857	$	1,200	—	$	—	14,789,488	$	367,988
Issuance of Series A1 Preferred Stock	1,195,589	29,582		—	—		—	—		—	—		1,195,589	29,582
Redemption of Series A1 Preferred Stock	(11,200)	(277)		—	—		—	—		—	—		(11,200)	(277)
Redemption of Series D Preferred Stock	—	—		—	—		(410)	(10)		—	—		(410)	(10)
Reclassification of Series A Preferred stock to permanent equity	—	—		300,846	7,462		—	—		—	—		300,846	7,462
Redemption of Series A Preferred Stock	—	—		(183,809)	(4,575)		—	—		—	—		(183,809)	(4,575)
Balances, June 30, 2023	8,160,099	$	202,069	7,881,958	$	196,911	48,447	$	1,190	—	$	—	16,090,504	$	400,170

(Continued)

	Preferred Stock
	Series A1			Series A			Series D			Series L			Total
	Shares	Amount		Shares	Amount		Shares	Amount		Shares	Amount		Shares	Amount
Issuance of Series A1 Preferred Stock	1,094,386	27,015		—	—		—	—		—	—		1,094,386	27,015
Redemption of Series A1 Preferred Stock	(30,941)	(760)		—	—		—	—		—	—		(30,941)	(760)
Redemption of Series A Preferred Stock	—	—		(187,759)	(4,676)		—	—		—	—		(187,759)	(4,676)
Balances, September 30, 2023	9,223,544	$	228,324	7,694,199	$	192,235	48,447	$	1,190	—	$	—	16,966,190	$	421,749