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Changes in Equity
3 Months Ended
Mar. 31, 2024
Stockholders' Equity Note [Abstract]  
Changes in Equity Changes in Equity
A reconciliation of the changes in equity for the three months ended March 31, 2024 and 2023 is provided below:
Three Months Ended March 31, 2024
(in thousands)Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Noncontrolling
Interests
Total
Equity
Balance - December 31, 2023$52,025 $1,146,204 $133,146 $(39,787)$(7,677)$1,283,911 
Net income— — 15,760 — 11,742 27,502 
Other comprehensive loss— — — (375)(467)(842)
Share-based compensation— 1,503 — — — 1,503 
Issuance of common stock, net259 (1,699)— — — (1,440)
Distributions to noncontrolling interests— — — — (7,400)(7,400)
Balance - March 31, 2024$52,284 $1,146,008 $148,906 $(40,162)$(3,802)$1,303,234 
Three Months Ended March 31, 2023
(in thousands)Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Noncontrolling
Interests
Total
Equity
Balance - December 31, 2022$51,521 $1,140,933 $304,301 $(47,037)$(7,734)$1,441,984 
Net income (loss)— — (49,196)— 267 (48,929)
Other comprehensive income— — — 1,727 153 1,880 
Share-based compensation— 1,395 — — — 1,395 
Issuance of common stock, net124 (247)— — — (123)
Contributions from noncontrolling interests— — — — 2,000 2,000 
Distributions to noncontrolling interests— — — — (8,500)(8,500)
Balance - March 31, 2023$51,645 $1,142,081 $255,105 $(45,310)$(13,814)$1,389,707