10-Q Filing

GRAY MEDIA, INC CIK: 43196 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-012741`
Period End Date	20230331
Filing Date	20230505
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	gtn20230331_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 97 Income Statement 38 Cash Flow Statement 78 Stockholders Equity 19 Comprehensive Income 10

Balance Sheet 97 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulOtherReceivablesCurrent`	$16.00M	USD	Point-in-time
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulOtherReceivablesCurrent`	$31.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$61.00M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$56.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Series A Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	1.50M	shares	Point-in-time
Series A Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	1.50M	shares	Point-in-time
Accounts receivable, less allowance for credit losses of $31 and $16, respectively	`AccountsReceivableNetCurrent`	$650.00M	USD	Point-in-time
Accounts receivable, less allowance for credit losses of $31 and $16, respectively	`AccountsReceivableNetCurrent`	$333.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	650,000.00	shares	Point-in-time
Series A Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	650,000.00	shares	Point-in-time
Current portion of program broadcast rights, net	`LicenseAgreementsNetCurrent`	$27.00M	USD	Point-in-time
Current portion of program broadcast rights, net	`LicenseAgreementsNetCurrent`	$17.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	650,000.00	shares	Point-in-time
Income tax refunds receivable	`IncomeTaxesReceivable`	$22.00M	USD	Point-in-time
Income tax refunds receivable	`IncomeTaxesReceivable`	$21.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	650,000.00	shares	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	$650.00M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$64.00M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$43.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	$650.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$46.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$54.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$857.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$537.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.52B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.47B	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$75.00M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$80.00M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$5.33B	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$5.33B	USD	Point-in-time
Goodwill	`Goodwill`	$2.66B	USD	Point-in-time
Goodwill	`Goodwill`	$2.66B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$636.00M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$586.00M	USD	Point-in-time
Investment in broadcasting and technology companies	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$105.00M	USD	Point-in-time
Investment in broadcasting and technology companies	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$107.00M	USD	Point-in-time
Deferred pension assets	`DeferredCompensationPlanAssets`	$5.00M	USD	Point-in-time
Deferred pension assets	`DeferredCompensationPlanAssets`	$5.00M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$14.00M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$15.00M	USD	Point-in-time
Total assets	`Assets`	$10.85B	USD	Point-in-time
Total assets	`Assets`	$11.15B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$40.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$55.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$98.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$64.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$60.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$87.00M	USD	Point-in-time
Accrued network programming fees	`AccruedNetworkProgrammingFees`	$40.00M	USD	Point-in-time
Accrued network programming fees	`AccruedNetworkProgrammingFees`	$39.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$74.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$50.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$15.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$18.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$18.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$29.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$24.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$43.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$14.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$14.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$10.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$11.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$15.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$15.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$409.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$424.00M	USD	Point-in-time
Long-term debt, less current portion and deferred financing costs	`LongTermDebtNoncurrent`	$6.15B	USD	Point-in-time
Long-term debt, less current portion and deferred financing costs	`LongTermDebtNoncurrent`	$6.44B	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$1.00M	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$1.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.46B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.45B	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$72.00M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$68.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$14.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$32.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.13B	USD	Point-in-time
Total liabilities	`Liabilities`	$8.39B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Series A Perpetual Preferred Stock, no par value; cumulative; redeemable; designated 1,500,000 shares, issued and outstanding 650,000 shares at each date and $650 aggregate liquidation value at each date	`TemporaryEquityCarryingAmountAttributableToParent`	$650.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, no par value; cumulative; redeemable; designated 1,500,000 shares, issued and outstanding 650,000 shares at each date and $650 aggregate liquidation value at each date	`TemporaryEquityCarryingAmountAttributableToParent`	$650.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.19B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.24B	USD	Point-in-time
Accumulated other comprehensive loss, net of income tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.00M	USD	Point-in-time
Accumulated other comprehensive loss, net of income tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$2.42B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$2.37B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.76B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.12B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.80B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.06B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$11.15B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$10.85B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$801.00M	USD	1 Quarter
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$827.00M	USD	1 Quarter
Depreciation	`Depreciation`	$35.00M	USD	1 Quarter
Depreciation	`Depreciation`	$32.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$49.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$52.00M	USD	1 Quarter
Loss (gain) on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$5.00M	USD	1 Quarter
Loss (gain) on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-10.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$663.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$734.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$67.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$164.00M	USD	1 Quarter
Miscellaneous, net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	1 Quarter
Miscellaneous, net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$79.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$104.00M	USD	1 Quarter
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-42.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.00M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-11.00M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$21.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-31.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$13.00M	USD	1 Quarter
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$13.00M	USD	1 Quarter
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-44.00M	USD	1 Quarter
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$49.00M	USD	1 Quarter
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-0.48	USD	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	92.00M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	93.00M	shares	1 Quarter
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$-0.48	USD	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	92.00M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.00M	shares	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-31.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Depreciation	`Depreciation`	$35.00M	USD	1 Quarter
Depreciation	`Depreciation`	$32.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$49.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$52.00M	USD	1 Quarter
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$4.00M	USD	1 Quarter
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$4.00M	USD	1 Quarter
Amortization of restricted stock awards	`ShareBasedCompensation`	$5.00M	USD	1 Quarter
Amortization of restricted stock awards	`ShareBasedCompensation`	$2.00M	USD	1 Quarter
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$10.00M	USD	1 Quarter
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$13.00M	USD	1 Quarter
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$11.00M	USD	1 Quarter
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$13.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$8.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Loss (gain) on disposal of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-10.00M	USD	1 Quarter
Loss (gain) on disposal of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$5.00M	USD	1 Quarter
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss from early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-5.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-2.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-317.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$20.00M	USD	1 Quarter
Income tax receivable or prepaid	`IncreaseDecreaseInPrepaidTaxes`	$-18.00M	USD	1 Quarter
Income tax receivable or prepaid	`IncreaseDecreaseInPrepaidTaxes`	$21.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-9.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-36.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-15.00M	USD	1 Quarter
Employee compensation, benefits and pension cost	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-14.00M	USD	1 Quarter
Employee compensation, benefits and pension cost	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-34.00M	USD	1 Quarter
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$32.00M	USD	1 Quarter
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$7.00M	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$30.00M	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$27.00M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$4.00M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$3.00M	USD	1 Quarter
Increase (Decrease) in Contract with Customer, Liability	`IncreaseDecreaseInContractWithCustomerLiability`	$10.00M	USD	1 Quarter
Increase (Decrease) in Contract with Customer, Liability	`IncreaseDecreaseInContractWithCustomerLiability`	$6.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$141.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$412.00M	USD	1 Quarter
Acquisitions of television businesses and licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisitions of television businesses and licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$110.00M	USD	1 Quarter
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	$8.00M	USD	1 Quarter
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	-	USD	1 Quarter
Reimbursement of development costs	`ReimbursementFromDevelopmentCostsOwnershipTransferred`	-	USD	1 Quarter
Reimbursement of development costs	`ReimbursementFromDevelopmentCostsOwnershipTransferred`	$11.00M	USD	1 Quarter
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	$5.00M	USD	1 Quarter
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	-	USD	1 Quarter
Investments in broadcast, production and technology companies	`PaymentsToAcquireInvestments`	$4.00M	USD	1 Quarter
Investments in broadcast, production and technology companies	`PaymentsToAcquireInvestments`	$4.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-95.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-53.00M	USD	1 Quarter
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$50.00M	USD	1 Quarter
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$349.00M	USD	1 Quarter
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$4.00M	USD	1 Quarter
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$7.00M	USD	1 Quarter
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$8.00M	USD	1 Quarter
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$13.00M	USD	1 Quarter
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$13.00M	USD	1 Quarter
Payment for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.00M	USD	1 Quarter
Payment for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-322.00M	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$58.00M	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.00M	USD	1 Quarter
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$247.00M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$56.00M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$189.00M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$61.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$247.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$56.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$189.00M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$61.00M	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.76B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.12B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$-31.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStock`	$13.00M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStock`	$13.00M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$8.00M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$7.00M	USD	1 Quarter
401(k) Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$9.00M	USD	1 Quarter
401(k) Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$7.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	USD	1 Quarter
Adjustment to fair value of interest rate cap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-11.00M	USD	1 Quarter
Balance	`StockholdersEquity`	$1.76B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.12B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.06B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-31.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Adjustment - fair value of interest rate caps	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-15.00M	USD	1 Quarter
Adjustment - fair value of interest rate caps	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	-	USD	1 Quarter
Income tax benefit	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	-	USD	1 Quarter
Income tax benefit	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-4.00M	USD	1 Quarter
Other comprehensive loss, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive loss, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$62.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-42.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.