XML 19 R6.htm IDEA: XBRL DOCUMENT v3.25.4
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, 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
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 38,563             38,563
Repurchase and cancellation of common stock   $ (11,014)   $ (3)     $ (11,011)  
Share based compensation 150         150    
Common share dividends declared and paid ($0.20 per share of common stock) (20,610)             (20,610)
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, 2025 $ 830,707   $ 102   $ 40 $ 313,276   $ 517,289