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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Common Stock
Common Stock
Common Stock
Treasury Stock
Preferred Stock
Additional Paid in Capital
Additional Paid in Capital
Common Stock
Additional Paid in Capital
Treasury Stock
Retained Earnings
Beginning balance at Dec. 31, 2019 $ 472,742     $ 104   $ 0 $ 55 $ 356,963     $ 115,620
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net (loss)/income (12,905)                   (12,905)
Issuance of common stock 3,300     3       3,297      
Repurchase and cancellation of preferred treasury stock   $ (6,012) $ (89)   $ (5)       $ (6,007) $ (89)  
Share based compensation 120             120      
Mezzanine equity measurement 908                   908
Preferred share dividends declared (11,501)                   (11,501)
Ending balance at Dec. 31, 2020 444,747     102   0 55 354,284     90,306
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net (loss)/income 174,348                   174,348
Issuance of common stock 71,537     20       71,517      
Offering expenses of "at-the-market" common stock equity offering (719)             (719)      
Share based compensation 120             120      
Mezzanine equity measurement 271                   271
Preferred share dividends declared (11,064)                   (11,064)
Ending balance at Dec. 31, 2021 679,240     122   0 55 425,202     253,861
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net (loss)/income 172,554                   172,554
Redemption of preferred stock (37,314)           (15) (37,299)      
Repurchase and cancellation of preferred treasury stock   $ (9,051)     $ (3)       $ (9,048)    
Preferred stock redemption expenses (7)             (7)      
Share based compensation 120             120      
Common share dividends declared (24,142)                   (24,142)
Preferred share dividends declared (9,484)                   (9,484)
Ending balance at Dec. 31, 2022 $ 771,916     $ 119   $ 0 $ 40 $ 378,968     $ 392,789