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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Retained Earnings
Adjustment
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Treasury Stock
Non-controlling Interest
Adjustment
Total
Beginning Balance at Dec. 31, 2018 $ 331,395   $ 187,450 $ (674)   $ 14,940   $ 533,111
Beginning Balance (in shares) at Dec. 31, 2018 60,672,034              
Increase (Decrease) in Stockholders' Equity                
Allocation of ownership interest in Watercrest JV $ (1,209)         1,209    
Additional ownership interest in Windmark (3,787)         (7,832)   (11,619)
Capital contribution from non-controlling interest           2,546   2,546
Capital distribution to non-controlling interest           (600)   (600)
Stock based compensation expense $ 77             77
Stock based compensation expense (in shares) 5,708              
Repurchase of common shares         $ (20,845)     (20,845)
Repurchase of common shares (in shares) (1,263,159)              
Retirement of treasury stock $ (20,845)       20,845      
Other comprehensive income (loss), net of tax       339       339
Net income     26,775     (114)   26,661
Ending Balance at Dec. 31, 2019 $ 305,631 $ (90) 214,225 (335)   10,149 $ (90) 529,670
Ending Balance (in shares) at Dec. 31, 2019 59,414,583              
Increase (Decrease) in Stockholders' Equity                
Capital contribution from non-controlling interest           7,748   7,748
Capital distribution to non-controlling interest           (621)   (621)
Stock based compensation expense $ 45             45
Repurchase of common shares         (8,803)     (8,803)
Repurchase of common shares (in shares) (532,034)              
Dividends     (4,122)         (4,122)
Retirement of treasury stock $ (8,803)       $ 8,803      
Other comprehensive income (loss), net of tax       (1,137)       (1,137)
Net income     45,203     277   45,480
Ending Balance at Dec. 31, 2020 $ 296,873   255,216 (1,472)   17,553   $ 568,170
Ending Balance (in shares) at Dec. 31, 2020 58,882,549             58,882,549
Increase (Decrease) in Stockholders' Equity                
Capital contribution from non-controlling interest           3,189   $ 3,189
Capital distribution to non-controlling interest           (1,247)   (1,247)
Repurchase of common shares (in shares) 0              
Dividends     (18,844)         (18,844)
Other comprehensive income (loss), net of tax       1,083       1,083
Net income     74,553     (804)   73,749
Ending Balance at Dec. 31, 2021 $ 296,873   $ 310,925 $ (389)   $ 18,691   $ 626,100
Ending Balance (in shares) at Dec. 31, 2021 58,882,549             58,882,549