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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Non-controlling Interest
Total
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       214 214
Capital distributions to non-controlling interest       (2,094) (2,094)
Issuance of restricted stock, net of forfeitures (in shares) 36,499        
Stock based compensation expense $ 141       141
Dividends   (5,837)     (5,837)
Other comprehensive income (loss), net of tax     (357) (274) (631)
Net income (loss)   10,390   (909) 9,481
Ending Balance at Mar. 31, 2023 $ 270,169 362,897 2,073 17,244 652,383
Ending Balance (in shares) at Mar. 31, 2023 58,372,040        
Beginning Balance at Dec. 31, 2023 $ 270,848 410,371 1,843 15,428 $ 698,490
Beginning Balance (in shares) at Dec. 31, 2023 58,372,040       58,372,040
Increase (Decrease) in Stockholders' Equity          
Capital distributions to non-controlling interest       (239) $ (239)
Issuance of restricted stock, net of forfeitures (in shares) 25,466        
Stock based compensation expense $ 231       231
Dividends   (7,006)     (7,006)
Other comprehensive income (loss), net of tax     198 94 292
Net income (loss)   13,915   (813) 13,102
Ending Balance at Mar. 31, 2024 $ 271,079 $ 417,280 $ 2,041 $ 14,470 $ 704,870
Ending Balance (in shares) at Mar. 31, 2024 58,397,506       58,397,506