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Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2021 35,399,000        
Balance at Dec. 31, 2021 $ 354 $ 850,497 $ (82,754) $ 0 $ 768,097
Net income (loss) 0 0 (258,453) 0 (258,453)
Cash dividends declared $ 0 (87,906) 0 0 (87,906)
Issuance of common stock pursuant to public offerings, net (in shares) 3,885,000        
Issuance of common stock pursuant to public offerings, net $ 38 40,542 0 0 40,580
Stock based awards and amortization (in shares) 30,000        
Stock based awards and amortization $ 0 1,055   0 1,055
Shares repurchased and retired (in shares) (2,549,000)        
Shares repurchased and retired $ (24) (24,586) 0 0 (24,610)
Unrealized gain on available-for-sale securities         $ 0
Balance (in shares) at Dec. 31, 2022 36,765,000       36,765,000
Balance at Dec. 31, 2022 $ 368 779,602 (341,207) 0 $ 438,763
Net income (loss) 0 0 (39,226) 0 (39,226)
Cash dividends declared $ 0 (81,127) 0 0 $ (81,127)
Issuance of common stock pursuant to public offerings, net (in shares) 15,880,000       15,880,039 [1]
Issuance of common stock pursuant to public offerings, net $ 157 159,281 0 0 $ 159,438 [1],[2]
Stock based awards and amortization (in shares) 64,000        
Stock based awards and amortization $ 1 1,503   0 1,504
Shares repurchased and retired (10) (9,414) 0 0 (9,424)
Unrealized gain on available-for-sale securities $ 0 0 0 17 $ 17
Balance (in shares) at Dec. 31, 2023 51,636,000       51,636,000
Balance at Dec. 31, 2023 $ 516 849,845 (380,433) 17 $ 469,945
Net income (loss) 0 0 37,662 0 37,662
Cash dividends declared $ 0 (96,309) 0 0 $ (96,309)
Issuance of common stock pursuant to public offerings, net (in shares) 31,328,000       31,327,547 [1]
Issuance of common stock pursuant to public offerings, net $ 313 259,015 0 0 $ 259,328 [1],[2]
Stock based awards and amortization (in shares) 54,000        
Stock based awards and amortization $ 1 1,041   0 1,042
Shares repurchased and retired (in shares) (396,000)        
Shares repurchased and retired $ (4) (3,286) 0 0 (3,290)
Unrealized gain on available-for-sale securities $ 0 0 0 122 $ 122
Balance (in shares) at Dec. 31, 2024 82,622,000       82,622,000
Balance at Dec. 31, 2024 $ 826 $ 1,010,306 $ (342,771) $ 139 $ 668,500
[1] As of December 31, 2024, the Company had entered into twelve equity distribution agreements, eleven of which have either been terminated because all shares were sold or were replaced with a subsequent agreement.
[2] Net proceeds are net of the underwriters’ discount, if applicable, and other offering costs.