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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Common Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Non-controlling Interest
Total
Beginning Balance at Dec. 31, 2022 $ 270,028 $ 358,344 $ 2,430   $ 20,307 $ 651,109
Beginning Balance (in shares) at Dec. 31, 2022 58,335,541          
Increase (Decrease) in Stockholders' Equity            
Capital contributions from non-controlling interest         1,430 1,430
Capital distributions to non-controlling interest         (2,242) (2,242)
Issuance of restricted stock (in shares) 36,499          
Stock based compensation expense $ 820         820
Dividends   (25,685)       (25,685)
Other comprehensive income (loss), net of tax     (587)   (407) (994)
Net income (loss)   77,712     (3,660) 74,052
Ending Balance at Dec. 31, 2023 $ 270,848 410,371 1,843   15,428 698,490
Ending Balance (in shares) at Dec. 31, 2023 58,372,040          
Increase (Decrease) in Stockholders' Equity            
Capital distributions to non-controlling interest         (972) (972)
Issuance of restricted stock (in shares) 25,466          
Stock based compensation expense $ 1,209         1,209
Repurchase of common stock, including excise tax       $ (3,389)   (3,389)
Repurchase of common stock, including excise tax (in shares) (70,985)          
Retirement of treasury stock $ (3,389)     3,389    
Dividends   (30,367)       (30,367)
Other comprehensive income (loss), net of tax     (424)   (208) (632)
Net income (loss)   74,189     (1,793) 72,396
Ending Balance at Dec. 31, 2024 $ 268,668 454,193 1,419   12,455 $ 736,735
Ending Balance (in shares) at Dec. 31, 2024 58,326,521         58,326,521
Increase (Decrease) in Stockholders' Equity            
Capital distributions to non-controlling interest         (2,945) $ (2,945)
Issuance of restricted stock, net of forfeitures (in shares) 19,408          
Stock based compensation expense $ 1,232         1,232
Repurchase of common stock, including excise tax       (40,394)   (40,394)
Repurchase of common stock, including excise tax (in shares) (798,622)          
Retirement of treasury stock $ (40,394)     $ 40,394    
Dividends   (33,630)       (33,630)
Other comprehensive income (loss), net of tax     (825)   (430) (1,255)
Net income (loss)   115,627     255 115,882
Ending Balance at Dec. 31, 2025 $ 229,506 $ 536,190 $ 594   $ 9,335 $ 775,625
Ending Balance (in shares) at Dec. 31, 2025 57,547,307         57,547,307