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Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 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 six months ended June 30, 2024:
Restricted Stock Activity:
SharesWeighted Average Grant
Date Fair Value
Non-vested shares outstanding as of December 31, 2023419,057 $60.99 
Granted67,210 60.77 
Forfeited(16,337)66.98 
Vested(43,526)64.94 
Non-vested shares outstanding as of June 30, 2024426,404 $60.32 
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 June 30, 2024:
Non-vested Shares Vesting ScheduleNumber of Shares
2024 (6 months)70,687 
202597,920 
202680,040 
2027104,687 
202873,070 
Thereafter— 
Total Non-vested Shares426,404 
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 June 30,
Expense for the Six Months Ended June 30,
2024202320242023
January 1, 2021 - December 31, 2023$4,820 $— $402 $— $804 
January 1, 2022 - December 31, 20245,618 326 482 808 964 
January 1, 2023 - December 31, 20258,583 601 753 1,240 1,506 
January 1, 2024 - December 31, 20269,261 736 — 1,526 — 
Total$28,282 $1,663 $1,637 $3,574 $3,274 
1     Reflects the fair value on date of grant for all performance shares outstanding at June 30, 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 six months ended June 30, 2024:
For the Three Months EndedSecurityDividend per ShareDeclaration DateRecord DateDate Paid
March 31, 2024Common Stock$0.45 February 6, 2024March 28, 2024April 5, 2024
June 30, 2024Common Stock$0.45 May 7, 2024June 28, 2024July 12, 2024