InCopy text display all screwed up

InCopy is showing text all spaced out and it hides almost all of it unless you scroll down, when the rest magically appears. I've tried updating InCopy, restarting my Mac and even deleting InCopy preferences but none of it worked. The only view that shows it even close to normal is galley, but even then it has one line on the first page and the rest of it on another page. Screenshots attached.