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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule of total restricted shares granted
The following is a summary of the total restricted shares granted to the Company’s executive officers and employees with the related weighted average grant date fair value share prices for the years ended December 31, 2022, 2021 and 2020:
Restricted Stock Activity:
SharesWeighted Average Grant
Date Fair Value
Non-vested shares outstanding as of December 31, 2019426,770 $28.20 
Granted78,041 60.11 
Forfeited(5,146)51.58 
Vested(295,936)21.07 
Non-vested shares outstanding as of December 31, 2020203,729 50.19 
Granted99,569 65.90 
Forfeited(776)59.29 
Vested(13,336)43.04 
Non-vested shares outstanding as of December 31, 2021289,186 55.90 
Granted136,903 66.35 
Forfeited(29,391)59.69 
Vested(40,066)56.06 
Non-vested shares outstanding as of December 31, 2022356,632 $59.58 
Vesting schedule of the total non-vested shares of restricted stock outstanding The following is a vesting schedule of the total non-vested shares of restricted stock outstanding as of December 31, 2022:
Non-vested Shares Vesting ScheduleNumber of Shares
202363,160 
202499,177 
202566,689 
202643,990 
202783,616 
Thereafter— 
Total Non-vested Shares356,632 
Schedule of certain information with respect to the Performance Share awards The following table summarizes certain information with respect to the Performance Share awards granted prior to January 1, 2020 (dollars in thousands):
Fair Value Performance Share PeriodMaximum Potential Payout
Fair Value December 31, 2022
Accrual December 31, 2022
Expense for the Year Ended December 31,
202220212020
January 1, 2018 - December 31, 2020$— $— $— $— $— $3,138 
Schedule of certain information with respect to the Performance Share awards The following table summarizes certain information with respect to the Performance Share awards granted on or after January 1, 2019 and includes the forfeiture of certain of the Performance Share awards during the years ended December 31, 2022, 2021 and 2020 (dollars in thousands):
Performance Share Period
Fair Value on Date of Grant 1
Expense for the Year Ended December 31,
202220212020
January 1, 2019 - December 31, 2021$4,829 $— $1,609 $1,610 
January 1, 2020 - December 31, 20224,882 1,168 1,858 1,857 
January 1, 2021 - December 31, 20234,820 1,393 1,822 — 
January 1, 2022 - December 31, 20245,789 1,929 — — 
Total$20,320 $4,490 $5,289 $3,467 
1     Reflects the fair value on date of grant for all performance shares outstanding at December 31, 2022.
Schedule of cash dividends paid or payable per share The following table sets forth the cash dividends paid or payable per share during the years ended December 31, 2022 and 2021:
For the Three Months EndedSecurityDividend per ShareDeclaration DateRecord DateDate Paid
March 31, 2022Common stock$0.34 February 8, 2022March 25, 2022April 8, 2022
June 30, 2022Common stock$0.34 May 3, 2022June 30, 2022July 14, 2022
September 30, 2022Common stock$0.40 August 2, 2022September 30, 2022October 14, 2022
December 31, 2022Common stock$0.40 November 1, 2022December 30, 2022January 13, 2023
For the Three Months EndedSecurityDividend per ShareDeclaration DateRecord DateDate Paid
March 31, 2021Common stock$0.29 February 9, 2021March 26, 2021April 9, 2021
June 30, 2021Common stock$0.29 May 4, 2021June 30, 2021July 14, 2021
September 30, 2021Common stock$0.34 August 3, 2021October 1, 2021October 15, 2021
December 31, 2021Common stock$0.34 November 2, 2021December 15, 2021January 5, 2022