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Equity (Tables)
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Schedule of changes in total common stockholders' equity
The Company’s changes in total common stockholders’ equity for the nine months ended September 30, 2019 and 2018 were as follows:
 
Nine months ended September 30, 2019
 
Common Stock
 
Additional
Paid-in
Capital
 
Retained
Earnings
 
Total
Stockholders'
Equity
 
Shares
 
Amount
 
 
 
 
(In thousands)
Balance at January 1, 2019
48,065

 
$
481

 
$
337,623

 
$
392,053

 
$
730,157

Net loss
 
 
 
 
 
 
(7,640
)
 
(7,640
)
Issuance of common stock
109

 

 
3,179

 

 
3,179

Repurchase of common stock
(40
)
 

 
(2,074
)
 

 
(2,074
)
Dividends paid on common stock ($0.1975 per share)
 
 
 
 
 
 
(9,493
)
 
(9,493
)
Balance at March 31, 2019
48,134

 
481

 
338,728

 
374,920

 
714,129

Net income
 
 
 
 
 
 
16,996

 
16,996

Issuance of common stock
8

 

 
1,675

 

 
1,675

Repurchase of common stock
(2
)
 

 
(129
)
 

 
(129
)
Dividends paid on common stock ($0.1975 per share)
 
 
 
 
 
 
(9,507
)
 
(9,507
)
Balance at June 30, 2019
48,140

 
481

 
340,274

 
382,409

 
723,164

Net income
 
 
 
 
 
 
42,424

 
42,424

Issuance of common stock
9

 

 
1,866

 

 
1,866

Repurchase of common stock
(4
)
 

 
(152
)
 

 
(152
)
Dividends paid on common stock ($0.1975 per share)
 
 
 
 
 
 
(9,507
)
 
(9,507
)
Balance at September 30, 2019
48,145

 
481

 
341,988

 
415,326

 
757,795


 
Nine months ended September 30, 2018
 
Common Stock
 
Additional
Paid-in
Capital
 
Retained
Earnings
 
Total
Stockholders'
Equity
 
Shares
 
Amount
 
 
 
 
(In thousands)
Balance at January 1, 2018
48,012

 
$
480

 
$
336,229

 
$
362,512

 
$
699,221

Net loss
 
 
 
 
 
 
(762
)
 
(762
)
Issuance of common stock
95

 
1

 
635

 

 
636

Repurchase of common stock
(33
)
 

 
(1,239
)
 

 
(1,239
)
Dividends paid on common stock ($0.1875 per share)
 
 
 
 
 
 
(9,003
)
 
(9,003
)
Balance at March 31, 2018
48,074


481

 
335,625

 
352,747

 
688,853

Net income
 
 
 
 
 
 
14,805

 
14,805

Issuance of common stock

 

 
737

 

 
737

Repurchase of common stock
(4
)
 

 
(124
)
 

 
(124
)
Dividends paid on common stock ($0.1875 per share)
 
 
 
 
 
 
(9,014
)
 
(9,014
)
Balance at June 30, 2018
48,070

 
481

 
336,238

 
358,538

 
695,257

Net income
 
 
 
 
 
 
36,173

 
36,173

Issuance of common stock
1

 

 
853

 

 
853

Repurchase of common stock
(3
)
 

 
(131
)
 

 
(131
)
Dividends paid on common stock ($0.1875 per share)
 
 
 
 
 
 
(9,012
)
 
(9,012
)
Balance at September 30, 2018
48,068

 
481

 
336,960

 
385,699

 
723,140