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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         3,613 3,613
Capital distributions to non-controlling interest         (2,253) (2,253)
Issuance of restricted stock (in shares) 29,955          
Stock based compensation expense $ 256         256
Repurchase of common shares       $ (19,972)   (19,972)
Repurchase of common shares (in shares) (576,963)          
Dividends   (17,674)       (17,674)
Other comprehensive income, net of tax     2,436   1,355 3,791
Net income (loss)   42,798     (194) 42,604
Ending Balance at Sep. 30, 2022 $ 297,129 336,049 2,047 (19,972) 21,212 636,465
Ending Balance (in shares) at Sep. 30, 2022 58,335,541          
Beginning Balance at Jun. 30, 2022 $ 297,021 329,593 1,084 (180) 19,922 647,440
Beginning Balance (in shares) at Jun. 30, 2022 58,907,744          
Increase (Decrease) in Stockholders' Equity            
Capital contributions from non-controlling interest         1,579 1,579
Capital distributions to non-controlling interest         (431) (431)
Stock based compensation expense $ 108         108
Repurchase of common shares       (19,792)   (19,792)
Repurchase of common shares (in shares) (572,203)          
Dividends   (5,891)       (5,891)
Other comprehensive income, net of tax     963   428 1,391
Net income (loss)   12,347     (286) 12,061
Ending Balance at Sep. 30, 2022 $ 297,129 336,049 2,047 $ (19,972) 21,212 636,465
Ending Balance (in shares) at Sep. 30, 2022 58,335,541          
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          
Increase (Decrease) in Stockholders' Equity            
Capital contributions from non-controlling interest         740 740
Capital distributions to non-controlling interest         (2,242) (2,242)
Issuance of restricted stock (in shares) 36,499          
Stock based compensation expense $ 593         593
Repurchase of common shares (in shares) 0          
Dividends   (18,680)       (18,680)
Other comprehensive income, net of tax     145   (47) 98
Net income (loss)   64,527     (2,509) 62,018
Ending Balance at Sep. 30, 2023 $ 270,621 404,191 2,575   16,249 693,636
Ending Balance (in shares) at Sep. 30, 2023 58,372,040          
Beginning Balance at Jun. 30, 2023 $ 270,395 391,787 2,477   17,051 681,710
Beginning Balance (in shares) at Jun. 30, 2023 58,372,040          
Increase (Decrease) in Stockholders' Equity            
Capital distributions to non-controlling interest         (148) (148)
Stock based compensation expense $ 226         226
Repurchase of common shares (in shares) 0          
Dividends   (7,005)       (7,005)
Other comprehensive income, net of tax     98   54 152
Net income (loss)   19,409     (708) 18,701
Ending Balance at Sep. 30, 2023 $ 270,621 $ 404,191 $ 2,575   $ 16,249 $ 693,636
Ending Balance (in shares) at Sep. 30, 2023 58,372,040