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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Treasury Stock
Non-controlling Interest
Total
Beginning Balance at Dec. 31, 2021 $ 296,873 $ 310,925 $ (389)   $ 18,691 $ 626,100
Beginning Balance (in shares) at Dec. 31, 2021 58,882,549          
Increase (Decrease) in Stockholders' Equity            
Capital contributions from non-controlling interest         2,035 2,035
Capital distributions to non-controlling interest         (1,823) (1,823)
Issuance of restricted stock (in shares) 29,955          
Stock based compensation expense $ 148         148
Repurchase of common shares       $ (180)   (180)
Repurchase of common shares (in shares) (4,760)          
Dividends   (11,783)       (11,783)
Other comprehensive income, net of tax     1,473   927 2,400
Net income (loss)   30,451     92 30,543
Ending Balance at Jun. 30, 2022 $ 297,021 329,593 1,084 (180) 19,922 647,440
Ending Balance (in shares) at Jun. 30, 2022 58,907,744          
Beginning Balance at Mar. 31, 2022 $ 296,915 318,448 920   20,749 637,032
Beginning Balance (in shares) at Mar. 31, 2022 58,908,143          
Increase (Decrease) in Stockholders' Equity            
Capital distributions to non-controlling interest         (1,112) (1,112)
Issuance of restricted stock (in shares) 4,361          
Stock based compensation expense $ 106         106
Repurchase of common shares       (180)   (180)
Repurchase of common shares (in shares) (4,760)          
Dividends   (5,894)       (5,894)
Other comprehensive income, net of tax     164   235 399
Net income (loss)   17,039     50 17,089
Ending Balance at Jun. 30, 2022 $ 297,021 329,593 1,084 $ (180) 19,922 647,440
Ending Balance (in shares) at Jun. 30, 2022 58,907,744          
Beginning Balance at Dec. 31, 2022 $ 270,028 358,344 2,430   20,307 $ 651,109
Beginning Balance (in shares) at Dec. 31, 2022 58,335,541         58,335,541
Increase (Decrease) in Stockholders' Equity            
Capital contributions from non-controlling interest         739 $ 739
Capital distributions to non-controlling interest         (2,094) (2,094)
Issuance of restricted stock (in shares) 36,499          
Stock based compensation expense $ 367         367
Repurchase of common shares (in shares) 0          
Dividends   (11,674)       (11,674)
Other comprehensive income, net of tax     47   (100) (53)
Net income (loss)   45,117     (1,801) 43,316
Ending Balance at Jun. 30, 2023 $ 270,395 391,787 2,477   17,051 $ 681,710
Ending Balance (in shares) at Jun. 30, 2023 58,372,040         58,372,040
Beginning Balance at Mar. 31, 2023 $ 270,169 362,897 2,073   17,244 $ 652,383
Beginning Balance (in shares) at Mar. 31, 2023 58,372,040          
Increase (Decrease) in Stockholders' Equity            
Capital contributions from non-controlling interest         525 525
Stock based compensation expense $ 226         226
Dividends   (5,837)       (5,837)
Other comprehensive income, net of tax     404   173 577
Net income (loss)   34,727     (891) 33,836
Ending Balance at Jun. 30, 2023 $ 270,395 $ 391,787 $ 2,477   $ 17,051 $ 681,710
Ending Balance (in shares) at Jun. 30, 2023 58,372,040         58,372,040