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Condensed Statements of Stockholders' Equity (Unaudited) - 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, 2023 51,636,000        
Balance at Dec. 31, 2023 $ 516 $ 849,845 $ (380,433) $ 17 $ 469,945
Net income 0 0 19,776 0 19,776
Unrealized gain on available-for-sale securities       (47)  
Unrealized gain on available-for-sale securities         (47)
Cash dividends declared 0 (18,724) 0 0 (18,724)
Stock based awards and amortization $ 0 350 0 0 350
Issuance of common stock pursuant to public offerings, net (in shares) 1,490,000        
Issuance of common stock pursuant to public offerings, net $ 15 13,094 0 0 13,109
Shares repurchased and retired (in shares) (373,000)        
Shares repurchased and retired $ (3) (2,775) 0 0 $ (2,778)
Balance (in shares) at Mar. 31, 2024 52,786,000       52,826,000
Balance at Mar. 31, 2024 $ 528 841,790 (360,657) (30) $ 481,631
Balance (in shares) at Dec. 31, 2023 51,636,000        
Balance at Dec. 31, 2023 $ 516 849,845 (380,433) 17 $ 469,945
Issuance of common stock pursuant to public offerings, net (in shares) [1]         31,327,547
Issuance of common stock pursuant to public offerings, net [1],[2]         $ 259,328
Balance (in shares) at Dec. 31, 2024 82,622,000        
Balance at Dec. 31, 2024 $ 826 1,010,306 (342,771) 139 668,500
Net income 0 0 17,122 0 17,122
Unrealized gain on available-for-sale securities       250  
Unrealized gain on available-for-sale securities         250
Cash dividends declared 0 (35,729) 0 0 (35,729)
Stock based awards and amortization $ 0 313 0 0 $ 313
Issuance of common stock pursuant to public offerings, net (in shares) 25,142,000       25,142,046 [1]
Issuance of common stock pursuant to public offerings, net $ 252 205,172 0 0 $ 205,424 [1],[2]
Balance (in shares) at Mar. 31, 2025 107,787,000       107,787,000
Balance at Mar. 31, 2025 $ 1,078 $ 1,180,062 $ (325,649) $ 389 $ 855,880
[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.