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Changes in Equity
6 Months Ended
Jun. 30, 2024
Stockholders' Equity Note [Abstract]  
Changes in Equity Changes in Equity
A reconciliation of the changes in equity for the three and six months ended June 30, 2024 and 2023 is provided below:
Three Months Ended June 30, 2024
(in thousands)Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Noncontrolling
Interests
Total
Equity
Balance - March 31, 2024$52,284 $1,146,008 $148,906 $(40,162)$(3,802)$1,303,234 
Net income— — 812 — 15,157 15,969 
Other comprehensive loss— — — (64)(193)(257)
Share-based compensation— 2,852 — — — 2,852 
Issuance of common stock, net105 (786)— — — (681)
Distributions to noncontrolling interests— — — — (5,000)(5,000)
Balance - June 30, 2024$52,389 $1,148,074 $149,718 $(40,226)$6,162 $1,316,117 
Six Months Ended June 30, 2024
(in thousands)Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Noncontrolling
Interests
Total
Equity
Balance - December 31, 2023$52,025 $1,146,204 $133,146 $(39,787)$(7,677)$1,283,911 
Net income— — 16,572 — 26,899 43,471 
Other comprehensive loss— — — (439)(660)(1,099)
Share-based compensation— 4,355 — — — 4,355 
Issuance of common stock, net364 (2,485)— — — (2,121)
Contributions from noncontrolling interests— — — — — — 
Distributions to noncontrolling interests— — — — (12,400)(12,400)
Balance - June 30, 2024$52,389 $1,148,074 $149,718 $(40,226)$6,162 $1,316,117 
Three Months Ended June 30, 2023
(in thousands)Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Noncontrolling
Interests
Total
Equity
Balance - March 31, 2023$51,645 $1,142,081 $255,105 $(45,310)$(13,814)$1,389,707 
Net income (loss)— — (37,534)— 20,770 (16,764)
Other comprehensive income (loss)— — — (169)401 232 
Share-based compensation— 1,635 — — — 1,635 
Issuance of common stock, net325 (184)— — — 141 
Contributions from noncontrolling interests— — — — — — 
Distributions to noncontrolling interests— — — — (6,750)(6,750)
Balance - June 30, 2023$51,970 $1,143,532 $217,571 $(45,479)$607 $1,368,201 
Six Months Ended June 30, 2023
(in thousands)Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Noncontrolling
Interests
Total
Equity
Balance - December 31, 2022$51,521 $1,140,933 $304,301 $(47,037)$(7,734)$1,441,984 
Net income (loss)— — (86,730)— 21,037 (65,693)
Other comprehensive income— — — 1,558 554 2,112 
Share-based compensation— 3,030 — — — 3,030 
Issuance of common stock, net449 (431)— — — 18 
Contributions from noncontrolling interests— — — — 2,000 2,000 
Distributions to noncontrolling interests— — — — (15,250)(15,250)
Balance - June 30, 2023$51,970 $1,143,532 $217,571 $(45,479)$607 $1,368,201