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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Common Stock
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Treasury Stock
Non-controlling Interest
Total
Beginning Balance at Dec. 31, 2021 $ 296,873 $ 310,925 $ (389)   $ 18,691 $ 626,100
Beginning Balance (in shares) at Dec. 31, 2021 58,882,549          
Increase (Decrease) in Stockholders' Equity            
Additional ownership interest acquired in Pier Park North JV $ (7,237)       (458) (7,695)
Capital contributions from non-controlling interest         3,823 3,823
Capital distributions to non-controlling interest         (2,433) (2,433)
Issuance of restricted stock (in shares) 29,955          
Stock based compensation expense $ 364         364
Repurchase of common stock, including excise tax       $ (19,972)   (19,972)
Repurchase of common stock, including excise tax (in shares) (576,963)          
Retirement of treasury stock $ (19,972)     19,972    
Dividends   (23,508)       (23,508)
Other comprehensive income (loss), net of tax     2,819   1,383 4,202
Net income (loss)   70,927     (699) 70,228
Ending Balance at Dec. 31, 2022 $ 270,028 358,344 2,430   20,307 651,109
Ending 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
Repurchase of common stock, including excise tax (in shares) 0          
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         58,372,040
Increase (Decrease) in Stockholders' Equity            
Capital distributions to non-controlling interest         (972) $ (972)
Issuance of restricted stock, net of forfeitures (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