UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Contributed Capital	Retained Earnings
Beginning balance at Dec. 31, 2018	$ 146,598	$ 422	$ 11,948	$ 134,228
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (losses) earnings	4,908			4,908
Stock-based compensation expense	123		123
Dividends declared:
Common stock, $0.24/share	(928)			(928)
Awards under LTIP, $0.24/share	(2)			(2)
Ending balance at Mar. 31, 2019	150,699	422	12,071	138,206
Beginning balance at Dec. 31, 2019	151,641	423	12,778	138,440
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (losses) earnings	(11,427)			(11,427)
Stock-based compensation expense	134		134
Dividends declared:
Common stock, $0.24/share	(1,016)			(1,016)
Awards under LTIP, $0.24/share	(6)			(6)
Ending balance at Mar. 31, 2020	$ 139,326	$ 423	$ 12,912	$ 125,991

Amount of increase to additional paid-in capital (APIC) for recognition of cost for award under share-based payment arrangement.

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