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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 (in shares) 33,000        
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) (333,000)        
Shares repurchased and retired $ (3) (2,775) 0 0 (2,778)
Balance (in shares) at Mar. 31, 2024 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
Net income         32,117
Unrealized gain on available-for-sale securities         $ 38
Balance (in shares) at Sep. 30, 2024 78,083,000       78,083,000
Balance at Sep. 30, 2024 $ 781 1,003,504 (348,316) 55 $ 656,024
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
Balance (in shares) at Mar. 31, 2024 52,826,000        
Balance at Mar. 31, 2024 $ 528 841,790 (360,657) (30) 481,631
Net income 0 0 (4,979) 0 (4,979)
Unrealized gain on available-for-sale securities       37  
Unrealized gain on available-for-sale securities         37
Cash dividends declared $ 0 (21,690) 0 0 (21,690)
Stock based awards and amortization (in shares) 8,000        
Stock based awards and amortization $ 0 235 0 0 235
Issuance of common stock pursuant to public offerings, net (in shares) 11,990,000        
Issuance of common stock pursuant to public offerings, net $ 120 100,578 0 0 100,698
Balance (in shares) at Jun. 30, 2024 64,824,000        
Balance at Jun. 30, 2024 $ 648 920,913 (365,636) 7 555,932
Net income 0 0 17,320 0 17,320
Unrealized gain on available-for-sale securities       48  
Unrealized gain on available-for-sale securities         48
Cash dividends declared $ 0 (26,887) 0 0 (26,887)
Stock based awards and amortization (in shares) 8,000        
Stock based awards and amortization $ 0 232 0 0 232
Issuance of common stock pursuant to public offerings, net (in shares) 13,314,000        
Issuance of common stock pursuant to public offerings, net $ 134 109,757 0 0 109,891
Shares repurchased and retired (in shares) (63,000)        
Shares repurchased and retired $ (1) (511) 0 0 $ (512)
Balance (in shares) at Sep. 30, 2024 78,083,000       78,083,000
Balance at Sep. 30, 2024 $ 781 1,003,504 (348,316) 55 $ 656,024
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 (in shares) 23,000        
Stock based awards and amortization $ 0 313 0 0 313
Issuance of common stock pursuant to public offerings, net (in shares) 25,142,000        
Issuance of common stock pursuant to public offerings, net $ 252 205,172 0 0 205,424
Balance (in shares) at Mar. 31, 2025 107,787,000        
Balance at Mar. 31, 2025 $ 1,078 1,180,062 (325,649) 389 855,880
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         55,622
Unrealized gain on available-for-sale securities         $ 280
Issuance of common stock pursuant to public offerings, net (in shares) [1]         66,690,909
Issuance of common stock pursuant to public offerings, net [1],[2]         $ 497,185
Balance (in shares) at Sep. 30, 2025 148,239,000       148,239,000
Balance at Sep. 30, 2025 $ 1,482 1,371,337 (287,149) 419 $ 1,086,089
Balance (in shares) at Mar. 31, 2025 107,787,000        
Balance at Mar. 31, 2025 $ 1,078 1,180,062 (325,649) 389 855,880
Net income 0 0 (33,578) 0 (33,578)
Unrealized gain on available-for-sale securities       (64)  
Unrealized gain on available-for-sale securities         (64)
Cash dividends declared $ 0 (42,635) 0 0 (42,635)
Stock based awards and amortization (in shares) 9,000        
Stock based awards and amortization $ 0 201 0 0 201
Issuance of common stock pursuant to public offerings, net (in shares) 19,884,000        
Issuance of common stock pursuant to public offerings, net $ 199 139,217 0 0 139,416
Shares repurchased and retired (in shares) (1,113,000)        
Shares repurchased and retired $ (11) (7,249) 0 0 (7,260)
Balance (in shares) at Jun. 30, 2025 126,567,000        
Balance at Jun. 30, 2025 $ 1,266 1,269,596 (359,227) 325 911,960
Net income 0 0 72,078 0 72,078
Unrealized gain on available-for-sale securities       94  
Unrealized gain on available-for-sale securities         94
Cash dividends declared $ 0 (50,588) 0 0 (50,588)
Stock based awards and amortization (in shares) 7,000        
Stock based awards and amortization $ 0 200 0 0 200
Issuance of common stock pursuant to public offerings, net (in shares) 21,665,000        
Issuance of common stock pursuant to public offerings, net $ 216 152,129 0 0 $ 152,345
Balance (in shares) at Sep. 30, 2025 148,239,000       148,239,000
Balance at Sep. 30, 2025 $ 1,482 $ 1,371,337 $ (287,149) $ 419 $ 1,086,089
[1] The Company has entered into 13 equity distribution agreements, 12 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.