Changes in Equity

9 Months Ended

Sep. 30, 2021

Stockholders' Equity Note [Abstract]

Changes in Equity

Changes in Equity

A reconciliation of the changes in equity for the three and nine months ended September 30, 2021 and 2020 is provided below:

	Three Months Ended September 30, 2021
(in thousands)	Common Stock		Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Noncontrolling Interests		Total Equity
Balance - June 30, 2021	$	51,072	$	1,130,368	$	469,584	$	(46,526)	$	5,932	$	1,610,430
Net income	—		—		15,394		—		10,847		26,241
Other comprehensive loss	—		—		—		(634)		(447)		(1,081)
Share-based compensation	—		2,030		—		—		—		2,030
Issuance of common stock, net	—		(2)		—		—		—		(2)
Contributions from noncontrolling interests	—		—		—		—		3,000		3,000
Distributions to noncontrolling interests	—		—		—		—		(10,000)		(10,000)
Balance - September 30, 2021	$	51,072	$	1,132,396	$	484,978	$	(47,160)	$	9,332	$	1,630,618

	Nine Months Ended September 30, 2021
(in thousands)	Common Stock		Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Noncontrolling Interests		Total Equity
Balance - December 31, 2020	$	50,827	$	1,127,385	$	422,385	$	(46,741)	$	(10,911)	$	1,542,945
Net income	—		—		62,593		—		30,364		92,957
Other comprehensive income (loss)	—		—		—		(419)		129		(290)
Share-based compensation	—		6,787		—		—		—		6,787
Issuance of common stock, net	245		(1,776)		—		—		—		(1,531)
Contributions from noncontrolling interests	—		—		—		—		7,000		7,000
Distributions to noncontrolling interests	—		—		—		—		(17,250)		(17,250)
Balance - September 30, 2021	$	51,072	$	1,132,396	$	484,978	$	(47,160)	$	9,332	$	1,630,618

	Three Months Ended September 30, 2020
(in thousands)	Common Stock		Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Noncontrolling Interests		Total Equity
Balance - June 30, 2020	$	50,771	$	1,124,672	$	350,071	$	(40,597)	$	(20,776)	$	1,464,141
Net income	—		—		36,819		—		12,504		49,323
Other comprehensive income	—		—		—		781		520		1,301
Share-based compensation	—		2,471		—		—		—		2,471
Convertible note repayment allocated to conversion option	—		(929)		—		—		—		(929)
Issuance of common stock, net	56		(759)		—		—		—		(703)
Distributions to noncontrolling interests	—		—		—		—		(6,307)		(6,307)
Balance - September 30, 2020	$	50,827	$	1,125,455	$	386,890	$	(39,816)	$	(14,059)	$	1,509,297

	Nine Months Ended September 30, 2020
(in thousands)	Common Stock		Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Noncontrolling Interests		Total Equity
Balance - December 31, 2019	$	50,279	$	1,117,972	$	313,991	$	(42,100)	$	(9,617)	$	1,430,525
Net income	—		—		72,899		—		33,421		106,320
Other comprehensive income (loss)	—		—		—		2,284		(646)		1,638
Share-based compensation	—		10,163		—		—		—		10,163
Convertible note repayment allocated to conversion option	—		(929)		—		—		—		(929)
Issuance of common stock, net	548		(1,751)		—		—		—		(1,203)
Distributions to noncontrolling interests	—		—		—		—		(37,217)		(37,217)
Balance - September 30, 2020	$	50,827	$	1,125,455	$	386,890	$	(39,816)	$	(14,059)	$	1,509,297