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Subsequent Events
 6 Months Ended
Jun. 30, 2023
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On July 27, 2023, the Board of Directors declared a cash dividend of $0.05 per common share. The dividend is payable on September 29, 2023 to shareholders of record on September 11, 2023.
On July 27, 2023, the Board of Directors declared a 7% dividend on the Series A Preferred Shares. The dividend of $2.6 million will be payable in cash on October 2, 2023 to shareholders of record on September 15, 2023.
On July 7, 2023, the Company entered into a Third Amended and Restated Credit Agreement for its $315.0 million senior revolving credit facility which, among other things, extended the maturity date of such facility until July 7, 2026 and increased the applicable interest rate and letter of credit fees.
On July 27, 2023, the Board of Directors approved awards under the 2014 LTIP and the 2014 Director Plan to the Company’s employees and directors with aggregate fair values of $187,000 and $50,000 and grant dates of July 27, 2023 and August 9, 2023, respectively.