XML 32 R6.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock Including Additional Paid in Capital
Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income/ (Loss)
Accumulated Other Comprehensive Income/ (Loss)
Cumulative Effect, Period of Adoption, Adjustment
[1]
Noncontrolling Interests
Beginning Balance at Dec. 31, 2017 $ 785,944 $ 0 [1] $ 47,753 $ 84,208 $ 607,929 $ 49,526 $ 334 [1] $ (8,658) $ (334) $ 5,186
Increase (Decrease) in Shareholders' Equity [Roll Forward]                    
Net income attributable to the Company 80,384         80,384        
Other comprehensive income/ (loss), net (8,727)             (8,727)    
Dividends paid to common shareholders (40,685)         (40,685)        
Dividends paid to preferred shareholders (1,738)         (1,738)        
Net change in noncontrolling interests (5,186)                 (5,186)
Redemption of Series D preferred stock (50,000)   (47,753)   (2,247)          
Repurchase of shares of common stock (20,000)     (1,643) (18,357)          
Net proceeds from issuance of:                    
Net proceeds from issuance of shares of common stock 1,866     143 1,723          
Shares of incentive stock grants, net of shares canceled or forfeited and shares withheld for employee taxes (1,804)     (275) (1,529)          
Exercise of warrants 372     1,019 (647)          
Amortization of stock compensation and employee stock purchase plan 6,050       6,050          
Stock options exercised 1,661     204 1,457          
Other equity adjustments 5,817       5,817          
Ending Balance at Dec. 31, 2018 753,954   0 83,656 600,196 87,821   (17,719)   0
Increase (Decrease) in Shareholders' Equity [Roll Forward]                    
Net income attributable to the Company 80,028         80,028        
Other comprehensive income/ (loss), net 25,294             25,294    
Dividends paid to common shareholders (40,380)         (40,380)        
Repurchase of shares of common stock (7,193)     (678) (6,515)          
Net proceeds from issuance of:                    
Net proceeds from issuance of shares of common stock 2,413     278 2,135          
Shares of incentive stock grants, net of shares canceled or forfeited and shares withheld for employee taxes (493)     (73) (420)          
Amortization of stock compensation and employee stock purchase plan 3,994       3,994          
Stock options exercised 562     83 479          
Other equity adjustments 839       839          
Ending Balance at Dec. 31, 2019 $ 819,018 $ 13,492 [2] 0 83,266 600,708 127,469 $ 13,492 [2] 7,575   0
Net proceeds from issuance of:                    
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201613Member                  
Net income attributable to the Company $ 45,153         45,153        
Other comprehensive income/ (loss), net 24,110             24,110    
Dividends paid to common shareholders (29,683)         (29,683)        
Repurchase of shares of common stock (12,807)     (1,565) (11,242)          
Net proceeds from issuance of shares of common stock 2,243     305 1,938          
Shares of incentive stock grants, net of shares canceled or forfeited and shares withheld for employee taxes 4,880     320 4,560          
Amortization of stock compensation and employee stock purchase plan 127       127          
Stock options exercised 112     8 104          
Other equity adjustments 1,363       1,363 0        
Ending Balance at Dec. 31, 2020 $ 868,008   $ 0 $ 82,334 $ 597,558 $ 156,431   $ 31,685   $ 0
[1] Impact due to the adoption of Accounting Standards Update ("ASU") 2016-01, Recognition and Measurements of Financial Assets and Financial Liabilities ("ASU 2016-01") and ASU 2017-12, Targeted Improvements to Accounting for Hedging Activities ("ASU 2017-12"). See Part II. Item 8. “Financial Statements and Supplementary Data - Note 1: Basis of Presentation and Summary of Significant Accounting Policies” in the Company's Annual Report on Form 10-K for the year ended December 31, 2019.
[2] Impact due to the adoption of ASU 2016-13, Financial Instruments - Credit Losses (Topic 326) (“ASU 2016-13”). See Part II. Item 8. “Financial Statements and Supplementary Data - Note 1: Basis of Presentation and Summary of Significant Accounting Policies.”