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Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income
Balance, beginning of year (in shares) at Dec. 31, 2018   25,097,408      
Balance, beginning of year at Dec. 31, 2018 $ 888,375 $ 25 $ 203,350 $ 715,472 $ (30,472)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) 44,521     44,521  
Stock based compensation 3,438   3,438    
Stock based compensation (in shares)   70,414      
Dividends on common stock (7,797)     (7,797)  
Change in net unrealized investment appreciation [1] 26,279       26,279
Change in liability for underfunded employee benefit plans [2] 888       888
Balance, end of year (in shares) at Mar. 31, 2019   25,167,822      
Balance, end of year at Mar. 31, 2019 $ 955,191 $ 25 206,788 751,683 (3,305)
Balance, beginning of year (in shares) at Dec. 31, 2019 25,015,963 25,015,963      
Balance, beginning of year at Dec. 31, 2019 $ 910,472 $ 25 200,179 697,116 13,152
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) (72,534)     (72,534)  
Shares repurchased (in shares)   (70,467)      
Shares repurchased (2,741)   (2,741)    
Stock based compensation (in shares)   70,597      
Stock based compensation 879   879    
Dividends on common stock (8,249)     (8,249)  
Change in net unrealized investment appreciation [1] 4,500       4,500
Change in liability for underfunded employee benefit plans [2] $ 847       847
Balance, end of year (in shares) at Mar. 31, 2020 25,016,093 25,016,093      
Balance, end of year at Mar. 31, 2020 $ 833,144 $ 25 $ 198,317 $ 616,303 $ 18,499
[1]
The change in net unrealized appreciation is net of reclassification adjustments and income taxes.
[2]
The change in liability for underfunded employee benefit plans is net of reclassification adjustments and income taxes.