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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2024
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 three months ended March 31, 2024:
Restricted Stock Activity:
SharesWeighted Average Grant
Date Fair Value
Non-vested shares outstanding as of December 31, 2023419,057 $60.99 
Granted53,904 60.93 
Forfeited(9,324)68.01 
Vested(41,074)64.35 
Non-vested shares outstanding as of March 31, 2024422,563 $60.50 
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 March 31, 2024:
Non-vested Shares Vesting ScheduleNumber of Shares
2024 (9 months)71,990 
202598,912 
202677,006 
2027101,585 
202873,070 
Thereafter— 
Total Non-vested Shares422,563 
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 2024 (dollars in thousands):
Performance Share Period
Fair Value on Date of Grant 1
Expense for the Three Months Ended March 31,
20242023
January 1, 2021 - December 31, 2023$4,820 $— $402 
January 1, 2022 - December 31, 20245,789 482 482 
January 1, 2023 - December 31, 20259,040 639 753 
January 1, 2024 - December 31, 20269,247 790 — 
Total$28,896 $1,911 $1,637 
1     Reflects the fair value on date of grant for all performance shares outstanding at March 31, 2024.
Schedule of Cash Dividends Paid or Payable Per Share The following table sets forth the cash dividends paid or payable per share during the three months ended March 31, 2024:
For the Three Months EndedSecurityDividend per ShareDeclaration DateRecord DateDate Paid
March 31, 2024Common Stock$0.45 February 6, 2024March 28, 2024April 5, 2024