Equity (Tables)

9 Months Ended

Sep. 30, 2023

Equity [Abstract]

Schedule of Changes in Total Common Stockholders' Equity

The Company’s changes in total equity for the three and nine months ended September 30, 2023 and 2022 were as follows:

	Nine months ended September 30, 2023
	Common Stock			Additional Paid-in Capital		Retained Earnings		Noncontrolling Interests		Total Equity
	Shares	Amount
	(In thousands)
Balance at January 1, 2023	55,598	$	556	$	760,336	$	556,698	$	4,804	$	1,322,394
Net loss	—	—		—		(22,211)		(123)		(22,334)
Issuance of common stock	420	4		18,922		—		—		18,926
Repurchase of common stock	(27)	—		(1,542)		—		—		(1,542)
Dividends paid on common stock ($0.2600 per share)	—	—		—		(14,456)		—		(14,456)
Investment in business with noncontrolling interest	—	—		(111)		—		111		—
Balance at March 31, 2023	55,991	560		777,605		520,031		4,792		1,302,988
Net income (loss)	—	—		—		9,556		(109)		9,447
Issuance of common stock	1,713	17		96,482		—		—		96,499
Repurchase of common stock	(2)	—		(108)		—		—		(108)
Dividends paid on common stock ($0.2600 per share)	—	—		—		(14,571)		—		(14,571)
Investment in business with noncontrolling interest	—	—		(56)		—		56		—
Distribution to noncontrolling interest	—	—		—		—		(288)		(288)
Balance at June 30, 2023	57,702	577		873,923		515,016		4,451		1,393,967
Net income (loss)	—	—		—		34,438		(113)		34,325
Issuance of common stock	11	—		1,796		—		—		1,796
Repurchase of common stock	(2)	—		(90)		—		—		(90)
Dividends paid on common stock ($0.2600 per share)	—	—		—		(15,003)		—		(15,003)
Investment in business with noncontrolling interest	—	—		11		—		(11)		—
Balance at September 30, 2023	57,711	$	577	$	875,640	$	534,451	$	4,327	$	1,414,995

	Nine months ended September 30, 2022
	Common Stock			Additional Paid-in Capital		Retained Earnings		Noncontrolling Interests		Total Equity
	Shares	Amount
	(In thousands)
Balance at January 1, 2022	53,716	$	537	$	651,121	$	514,873	$	5,386	$	1,171,917
Net income (loss)	—	—		—		1,086		(192)		894
Issuance of common stock	85	1		1,106		—		—		1,107
Repurchase of common stock	(28)	—		(1,674)		—		—		(1,674)
Dividends paid on common stock ($0.2500 per share)	—	—		—		(13,429)		—		(13,429)
Investment in business with noncontrolling interest	—	—		(54)		—		54		—
Balance at March 31, 2022	53,773	538		650,499		502,530		5,248		1,158,815
Net income (loss)	—	—		—		19,484		(269)		19,215
Issuance of common stock	585	6		32,118		—		—		32,124
Repurchase of common stock	(2)	—		(111)		—		—		(111)
Dividends paid on common stock ($0.2500 per share)	—	—		—		(13,452)		—		(13,452)
Investment in business with noncontrolling interest	—	—		(153)		—		153		—
Distribution to noncontrolling interest	—	—		—		—		(348)		(348)
Balance at June 30, 2022	54,356	544		682,353		508,562		4,784		1,196,243
Net income (loss)	—	—		—		55,872		(189)		55,683
Issuance of common stock	470	4		29,034		—		—		29,038
Repurchase of common stock	(2)	—		(105)		—		—		(105)
Dividends paid on common stock ($0.2500 per share)	—	—		—		(13,590)		—		(13,590)
Investment in business with noncontrolling interest	—	—		(278)		—		278		—
Balance at September 30, 2022	54,824	$	548	$	711,004	$	550,844	$	4,873	$	1,267,269