XML 23 R6.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Common Stock
Common Stock
Common Stock
Preferred Stock
Additional Paid in Capital
Additional Paid in Capital
Common Stock
Retained Earnings
Beginning balance at Dec. 31, 2021 $ 679,240   $ 122   $ 55 $ 425,202   $ 253,861
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 172,554             172,554
Redemption of preferred stock (37,314)       (15) (37,299)    
Repurchase and cancellation of common stock   $ (9,051)   $ (3)     $ (9,048)  
Preferred stock redemption expenses (7)         (7)    
Share based compensation 120         120    
Common share dividends declared and paid ($0.20 per share of common stock) (24,142)             (24,142)
Preferred share dividends declared and paid ($2.00 per share of preferred C shares and $2.00 per share of preferred D shares) (9,484)             (9,484)
Ending balance at Dec. 31, 2022 771,916   119   40 378,968   392,789
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 77,351             77,351
Repurchase and cancellation of common stock   (26,222)   (7)     (26,215)  
Share based compensation 144         144    
Common share dividends declared and paid ($0.20 per share of common stock) (22,678)             (22,678)
Preferred share dividends declared and paid ($2.00 per share of preferred C shares and $2.00 per share of preferred D shares) (8,000)             (8,000)
Ending balance at Dec. 31, 2023 792,511   112   40 352,897   439,462
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 97,376             97,376
Repurchase and cancellation of common stock   $ (28,917)   $ (7)     $ (28,910)  
Share based compensation 150         150    
Common share dividends declared and paid ($0.20 per share of common stock) (21,502)             (21,502)
Preferred share dividends declared and paid ($2.00 per share of preferred C shares and $2.00 per share of preferred D shares) (8,000)             (8,000)
Ending balance at Dec. 31, 2024 $ 831,618   $ 105   $ 40 $ 324,137   $ 507,336