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Stock Repurchase Program
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Stock Repurchase Program Stock Repurchase Program    On June 11, 2019, the Company announced that its Board of Directors authorized the Company's first stock repurchase program since the completion of its minority public offering in April 2018. This program, which commenced on June 13, 2019, authorized the purchase of up to 4,000,000 shares, or approximately 3.5%, of the Company's then issued and outstanding common stock. On December 5, 2019, the Company announced that its Board of Directors had expanded its stock repurchase program to authorize the purchase of an additional 3,000,000 shares of the Company's outstanding common stock in addition to the shares remaining under the repurchase program announced on June 11, 2019. On April 23, 2020, the Company completed the repurchases under these stock repurchase programs. On September 10, 2020, the Company announced that its Board of Directors authorized the Company's second stock repurchase program for the purchase of up to 5,000,000 shares, or approximately 4.3%, of the Company's issued and outstanding common stock, commencing on September 15, 2020. During the three and nine months ended September 30, 2020, the Company repurchased 624,932 shares at a cost of approximately $6.9 million, or $11.08 per share, and 4,081,132 shares at a cost of approximately $60.3 million, or $14.78 per share, respectively, under these programs. During the three and nine months ended September 30, 2019, the Company repurchased 2,478,400 and 2,742,300 shares, respectively, at a cost of approximately $38.2 million, or $15.42 per share, and approximately $42.1 million, or $15.35 per share, respectively. Repurchased shares are held as treasury stock and are available for general corporate purposes.